1. What was the issue in this case? 2. The Cubs added lights in 1988. How could...
Question:
2. The Cubs added lights in 1988. How could the board be meeting its duty of due care both in the 1960s by not erecting lights and in the 1980s by doing so?
Shlensky, a minority stockholder in the Chicago Cubs, sued the directors on the grounds of mismanagement and negligence because of their refusal to install lights at Wrigley Field, then the only major league stadium without lights. One of the directors, Wrigley (80 percent owner), objected to lights because of his personal opinion that “baseball is a ‘daytime sport’ and that the installation of lights and night baseball games would have a deteriorating effect upon the surrounding neighbor-hood.” The other directors deferred to Wrigley.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
1 The issue was whether there was a showing of fraud illegality or conflict of interest sufficie...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business Law questions
-
1. What was the issue in this case? 2. Distinguish the two minority rules that are summarized in this case. 3. To achieve justice in contract cases involving a minor and an adult, what would you want...
-
Palsgraf v. Long Island Railroad Co., 248 N.Y. 339, 162 N.E. 99 (1928) Plaintiff was standing on a railroad platform. A man, carrying a small unidentifiable package, jumped aboard a railroad car. A...
-
1. Which prongs of the Central Hudson test were at issue in this case? 2. Why do you think that Coors wanted to put the alcohol content on its beer labels? The Court noted that Coors was concerned...
-
Debug the given C program to read and print N array elements. Find 10 errors in the given Code and correct the errors. (5Marks) NOTE: Copy and PASTE the correct program in the space below. /*Arrays...
-
What are the markets and mechanics involved in generating simple arbitrage profits?
-
You are trying to begin your literature search on the adoption of new technology in business organizations. What are some issues you need to resolve before actually starting to collect and review the...
-
Merlot plc is financed by 10m shares, whose current market value is 2.40 a share, and 10 per cent debentures with a nominal and market value of 14m. The business plans to issue additional shares to...
-
Ive scheduled preliminary interviews with five key people. Because youve been so busy with Visible Analyst, I decided to do the first round of interviews myself, Anna tells Chip as they begin their...
-
Amortization of a bond premium results in a. a decrease of the carrying value of bonds. b. no change in stockholders equity. c. an increase in interest expense. d. a decrease in the Cash account.
-
The Facebook and Cambridge Analytica scandal: We are psychographically-targeted by social media using data. we willingly supplied to them. In 2018, the Facebook Cambridge Analytica scandal revealed...
-
Under state law, corporations are legal persons. This raises the question of whether corporations have constitutionally protected rights. Over the years, the Supreme Court has held that corporations...
-
1. Who owed the taxes? 2. How was the corporate form misused? 3. What injustice would have resulted if Wolfe had not been required to pay? Charles E. Wolfe was the sole shareholder and president of...
-
To compute tangible book value, an analyst would A. add goodwill to stockholders equity. B. add all intangible assets to stockholders equity. C. subtract all intangible assets from stockholders...
-
You have been employed as a systems analyst in the information systems organization of a medium-sized consumer goods manufacturer for three years. You are quite surprised when your manager offers you...
-
For your initial post, address the following: First, introduce yourself to the class by sharing a bit about yourself, such as your preferred name or pronouns, where you are from, what your major is,...
-
Question 8 : Consider the technology of Solar Panels. Which stage of the technology life cycle S curve is this technology in. Justify why ? Question 9 : The standard Product Life Cycle has 5 stages...
-
At Benihana restaurant a man wrenched his neck while ducking a piece of flying shrimp, requiring treatment by several doctors. By that summer, doctors determined surgery was necessary to treat...
-
You have just come into an inheritance of $25,000 from a distant relative, and you want to invest it for the long term. Provide an investment portfolio that includes five different stocks. Report the...
-
Design a bandpass filter satisfying the specification below using the WLS and Chebyshev methods. Discuss the trade-off between the stopband minimum attenuation and total stopband energy when using...
-
For the following arrangements, discuss whether they are 'in substance' lease transactions, and thus fall under the ambit of IAS 17.
-
The documentation of data processing applications is an important step in the design and implementation of any computer-based system. Documentation provides a complete record of data processing...
-
Describe how statisticians might ideally separate the effect of the business cycle on the opportunity cost of crime and its profitability.
-
Assume that criminals discount risk and futurity more than other people. What policies might reduce crime by changing this fact?
-
Competition among sellers improves the quality of goods for consumers. Could this mechanism work for the private supply of prisons?
-
As a Financial Analyst in the Finance Department of Zeta Auto Corporation they are seeking to expand production. The CFO asks you to help decide whether the firm should set up a new plant to...
-
Chapter 4 When an Auditor finds misstatements in entities financial statements which may be the result of fraudulent act, what should be the role of an auditor under that situation? (2 Points)
-
Suppose the following input prices are provided for each year: Required: $
Study smarter with the SolutionInn App