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QUESTION 21 In most states, each director present at a board meeting has one vote. True False QUESTION 22 Faye and Grant are shareholders of

QUESTION 21

  1. In most states, each director present at a board meeting has one vote.
  2. True
  3. False

QUESTION 22

  1. Faye and Grant are shareholders of Hearthside Hotels, Inc. As shareholders, they have the right to vote on which of the following:
  2. a.Hearthside's decision to declare dividends.
  3. b.whether to hire Joe as the new CEO of Hearthside.
  4. c.a merger.
  5. d.whether to renovate the lobby of the hotel.

QUESTION 23

  1. As a general rule, shareholders are responsible for the daily management of a corporation.
  2. True
  3. False

QUESTION 24

  1. Hunter is seventeen years old. Under the Fair Labor Standards Act, Hunter cannot work
  2. a.in the entertainment industry.
  3. b.in the agriculture industry.
  4. c.in a hazardous occupation.
  5. d.for her parents.

QUESTION 25

  1. John claims that he was fired from his job because he refused to attend his employer's weekly lunchtime prayer group. Since this is a workplace activity that took place during working hours, his employer has the right to require his attendance.
  2. True
  3. False

QUESTION 26

  1. Custom Auto, LLC, is a limited liability company. Its members include Dennis and Emma. Unless the members agree otherwise, the firm will automatically be taxed as
  2. a.a sole proprietorship.
  3. b.a partnership.
  4. c.a corporation.
  5. d.a person.

QUESTION 27

  1. The Family and Medical Leave Act requires employers to provide eligible employees with family or medical leave for any of the following reasonsexcept
  2. a.if the employee is sufferig a serious health condition.
  3. b.to care for a newly adopted child.
  4. c.to go on an extended family vacation.
  5. d.to care for a newly placed foster child.

QUESTION 28

  1. Dane is a director of Eco Packing Company. Dane's rights, as a director, donotinclude a right to
  2. a.inspection.
  3. b.self-dealing.
  4. c.reimbursement.
  5. d.participation.

QUESTION 29

  1. Gina believes that she is a victim of employment discrimination that falls under Title VII of the Civil Rights Act. Compliance with Title VII is monitored by
  2. a.the Equal Employment Opportunity Commission.
  3. b.employers and businesses, not an administrative agency.
  4. c.employees and job applicants, not an administrative agency.
  5. d.the courts and Congress, not an administrative agency.

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