Which of the Following Would Be Likely to Result in Liability

question 47

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 uses the corporation's offices to buy and sell his own investment securities.
• C) The director owns stock in an automobile company.
• D) The director agrees to hire as president a man he has not personally investigated.
• E) Both t he director sells stock in the textile company before a merger is announced and t he director uses the corporation's offices to buy and sell his own investment securities.

Identify the role of skin in the sensory perception of touch and pressure.

Understand the concept of supply chain coordination and its impact on supply chain performance.

Recognize the causes and consequences of the bullwhip effect within a supply chain.

Identify various obstacles to supply chain coordination, including pricing, incentive, and behavioral obstacles.

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Definitions:

Withdrawals Account

An account in bookkeeping where amounts drawn out from the business by the owner for personal use are recorded.

Revenue Account

An account that tracks the income earned by a company from its operational activities, excluding expenses.

Fees Earned Account

An income account that records the revenue earned from services provided or fees charged.

Capital Account

An account on the balance sheet representing the cumulative amount of the company's earnings, investment, or losses.