While Having a Discussion, Technician a Says That the Horn

question 3

Multiple Choice

While having a discussion, Technician A says that the horn circuit includes the horn, a fuse and wiring, the horn switch in the steering wheel, and a capacitor. Technician B says that the horn circuit includes the horn, a fuse and wiring, the horn switch in the steering wheel, and a relay. Who is correct?

• A) A only
• B) B only
• C) Both A and B
• D) Neither A nor B

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Definitions:

MBCA

Stands for the Model Business Corporation Act, a template for state statute that provides a standard for corporate law.

Closely Held Corporations

Corporations that have a small number of shareholders and whose shares are not publicly traded.

Business Judgment Rule

A legal principle that shields corporate directors, under certain conditions, from liability for decisions that harm the company if the decisions were made in good faith and with due diligence.

Fiduciaries

Individuals or entities that hold a legal or ethical relationship of trust with one or more parties, often in financial matters.