DDT Delights Ltd Sells Fertilisers and Chemicals for Use by Farmers

question 6

Multiple Choice

DDT Delights Ltd sells fertilisers and chemicals for use by farmers in protecting crops from pests.Its CEO, Johno Stone, tells his best mate Robbo one Friday night over a beer that he has done some deals that seem to have made his wife Katrina 'wild' and she will 'not stop nagging him' about them.He says that Katrina had the nerve to tell him that if he didn't tell the company all about these deals, she would tell the company.Johno informs Robbo that he simply explained to his wife very patiently that the business was not her business and not a family affair, but his business, and she ought to just 'hush up' and get back to her knitting.In fact Mrs Stone does have cause for concern over all but one of her husband's deals.Which of the following is the only one that is not likely to represent a breach of his duty as CEO?

• A)Johno learned about an investment possibility for DDT in Vietnam and told his son Dillon, a high school drop-out, about it.Dillon has gone to Vietnam to take up this opportunity for his own company.
• B)After Veronica, the Stone's daughter, wrote off her new car in a drink-driving accident, Johno paid to have the car repaired using DDT's money, and then arranged for DDT to buy it for use as a delivery vehicle.
• C)When Mrs Stone was 20 she applied for the job of secretary of DDT and was voted into that role by the Board of Directors on the strength of her impressive business credentials.Through her job she met and married Johno Stone.
• D)Johno paid Jackie, a struggling but talented graphic artist, to redesign the company logo and related artwork.He kept quiet about the fact that Jackie was his daughter when recommending that she be hired to do all the design work for DDT and he discouraged the other company directors from seeking tenders for the job.

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Definitions:

Parents

The caregivers of offspring in their own species; typically biological but can also be adoptive or foster, where they provide support, education, and guidance.

Peers

Individuals who are equal in status or age, often used in the context of social relationships among people with common interests or backgrounds.

Concepts

Abstract ideas or mental symbols used to represent specific objects, events, or phenomena, foundational for thought and communication.

Algorithms

Strategies—including formulas, instructions, and the testing of all possible solutions—that guarantee a solution to a problem.