Which of the Following Statements Is About Corporate Governance in Germany

question 104

Multiple Choice

Which of the following statements is about corporate governance in Germany is FALSE?

• A)The Vorstand (management board)of a German corporation makes decisions about strategy and management.
• B)The Vorstand is elected by the firm's employees.
• C)Employees, union members, and shareholders appoint members to the Aufsichsrat (the supervisory tier of the board).
• D)Large institutional investors such as pension funds, and insurance companies are relatively insignificant owners of corporate stock.

Distinguish between enforceable promises, releases, and accord and satisfaction.

Explore the impact of unforeseen events on the enforceability of agreements.

Comprehend the legal implications of illusory promises and promissory estoppel.

Evaluate the consequences of modifying an agreement and the requirements for its validity.

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Definitions:

Attitudes

A settled way of thinking or feeling about something, which reflect an individual's views, beliefs, and predispositions towards objects, people, and events.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives, typically involving some form of problem-solving or judgment.

Evoked Sets

The group of brands or products a consumer considers when making a purchase decision.

Universal Sets

The complete collection of all possible outcomes or elements in a particular context, including all objects of interest.