AstroStar Inc

question 39

Essay

AstroStar Inc.'s board of directors consists of three members-Eckhart, Dolan, and Macero. At a regular board meeting, the board selects Galiard as president of the corporation. Later, an audit reveals that during his term as president he has openly embezzled $500,000 from AstroStar. The same audit reveals that the board knew when it selected Galiard that he had been previously convicted of embezzlement. Can the corporation hold directors Eckhart, Dolan, and Macero personally liable?

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Definitions:

Convergent Thinking

Type of thinking in which a problem is seen as having only one answer, and all lines of thinking will eventually lead to that single answer, using previous knowledge and logic.

Morphemes

The smallest grammatical units in a language that carry meaning.

Phonemes

The smallest unit of sound in a language that can distinguish one word from another.

Syntax

The system of rules for combining words and phrases to form grammatically correct sentences.