After Witnessing Janet, One of Their Classmates, Get Expelled for Cheating

question 57

Multiple Choice

After witnessing Janet, one of their classmates, get expelled for cheating, the rest of the class decides to follow the rules and not cheat. What principle does this illustrate?

• A)retribution
• B)social protection
• C) rehabilitation
• D) deterrence

Comprehend the process of director selection and the time frame for their service.

Describe how the number of corporate directors is determined and the significance of affiliated and unaffiliated directors.

Recognize the requirements for a valid corporate board meeting and the concept of a quorum.

Distinguish between the roles of shareholders and directors/officers, and understand shareholder rights and responsibilities.

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Definitions:

Gratuitous Bailment

A bailment relationship where the bailee agrees to hold onto the bailor's property without receiving any compensation.

Treasure Trove

A category of found property consisting of money, coins, or precious items concealed by an unknown owner with the intent for rediscovery.

Mislaid

Property that is intentionally placed somewhere and then forgotten by the owner.

Abandoned

Something or someone that is abandoned has been left behind or given up on, often leading to a state of neglect or disuse.