Which of the Following Would Be Likely to Result in Liability

question 70

Multiple Choice

Which of the following would be likely to result in liability to a director of a textile company?

• A) The director sells stock in the textile company before a merger is announced.
• B) The director agrees to hire as president a man he has not personally investigated.
• C) The director owns stock in an automobile company.
• D) All of these would result in the director's liability.

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Definitions:

Days

Units of time equivalent to 24 hours, representing the period it takes for Earth to complete one rotation on its axis.

Monozygotic Twins

Twins resulting from the division of a single zygote after fertilization; also called identical twins; they are genetically similar.

Temperaments

Inherent personality traits and tendencies that significantly influence individuals' behaviors and interactions from an early age.

Physical Characteristics

Observable attributes of an object or an individual, including shape, size, color, and arrangement.