Compensation Contracts That Provide Incentives for Agents to Increase Organisational $\text {Cash-based boruses}$

question 23

Multiple Choice

Compensation contracts that provide incentives for agents to increase organisational value might include:
I $\text {Cash-based boruses}$
II $\text {Share options}$
III $\text {Cash bonuses based on share price increases or targets}$

• A) II and III only
• B) I and III only
• C) I and II only
• D) I, II, and III

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Definitions:

Dischargeable Debts

Debts that can be eliminated through bankruptcy proceedings, releasing the debtor from personal liability for certain debts.

Chapter 7

A provision under the U.S. Bankruptcy Code that deals with the process of liquidation, where a debtor's assets are sold off to pay creditors.

False Pretenses

A deceitful action or statement made with the intent to obtain money, property, or other benefits unlawfully.

Homestead Exemption

A legal provision that protects a homeowner's primary residence from certain creditors, reducing property taxes.