In the conduct of corporate affairs, directors must exercise a different degree of care than in conducting
Question:
In the conduct of corporate affairs, directors must exercise a different degree of care than in conducting their own personal affairs. (True/False)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
True In the conduct of corporate affairs directors are held to a higher standard of care than in con...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
Question Posted:
Students also viewed these Social Science questions
-
The issue in this case is whether a check cashing store qualifies as a holder in due course so that it can collect on a $10,000 check written by an elderly man who was fraudulently induced to issue...
-
Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
What are the advantages and disadvantages of Qantass international cooperative alliances? The Qantas Group maintained its strong position in the Australian domestic market in 2016/17. Through a dual...
-
At a busy intersection on Route 309 in Quakertown, Pennsylvania, the convenience store and gasoline station, Wawa, competes with the service and gasoline station, Fred's Sunoco. In the Nash-Bertrand...
-
BO Corp. has a $2,500 capital budget, and has access to the following 5 independent projects. In all these 5 projects, cash outflows occur only in year O. Calculate the total NPV of the project(s)...
-
Explain the potential pitfalls of using a total unit-cost approach for predicting the effect of a special order on operating income.
-
Methanol is to be delivered to a process unit at a rate of 15.0k mol/h by a stream that is 30.0 mole% methanol and 70.0mole% propane. Estimate the volumetric flow rate of this stream at 10.0 atm and...
-
A lemonade recipe calls for cup of lemon juice for every 1 cup of water. 7 How many cups of water would be needed if you used 1 cup of lemon juice? Ocups 1 cup O2 cups 4 cups
-
Godfrey is a director of Hospitality Hotel Corporation. Like most directors, Godfrey was most likely a. appointed by the secretary of state in the state of incorporation. b. chosen by a vote of the...
-
Can a board delegate its responsibilities?
-
Explain why each of the following hypothetical events would not be recorded in a journal entry. 1. A famous and much-beloved movie star is secretly filmed by an investigative news team using your...
-
The planet Mars has a mass that is 0.11 times Earth's mass and a radius that is 0.54 times Earth's radius. a) How much would a 60.0-kg astronaut weigh if she were to stand on the surface of Mars? b)...
-
Riverbed Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 106,000 1 93,000 2 64,000 3 70,000 4 120,000 The finished goods inventory on hand on December 31, 2021...
-
August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,300 Revenue ($4.259) $ 31,025 Expenses: Packing...
-
The following items were selected from among the transactions completed by Sherwood Co. during the current year: Feb. 15. Purchased merchandise on account from Kirkwood Co., $144,000, terms n/30....
-
What are the ceremonies conducted in large auditoriums where organizational members wear elaborate evening gowns and participate in activities which create emotional excitement in the context of...
-
List the special characteristics of the U.S. health care market and specify how each affects health care problems.
-
How do network effects help Facebook fend off smaller social-networking rivals? Could an online retailer doing half as much business compete on an equal footing with Amazon in terms of costs? Explain.
-
For each statement in the left-hand column, indicate which, if any, of the statement forms in the right-hand column have the given statement as a substitution instance, and indicate which, if any, is...
-
For each statement in the left-hand column, indicate which, if any, of the statement forms in the right-hand column have the given statement as a substitution instance, and indicate which, if any, is...
-
Using the truth-table definitions of the dot, the wedge, and the tilde (curl), determine which of the following statements are true: ~ London is the capital of England ~ Stockholm is the capital of...
-
Presented below are incomplete 2022 manufacturing cost data for Cullumber Corporation. Determine the missing amounts. Direct Materials Used Direct Labor Manufacturing Total Manufacturing Overhead...
-
Seved Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,220...
-
For Sandhill Company, variable costs are 70% of sales and fixed costs are $191,100. Calculate the required sales in dollars that are needed to achieve management's target operating income of $73,500....
Study smarter with the SolutionInn App