Which of the Following Would Be Likely to Result in Liability

question 14

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.

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Definitions:

Life-Span Development

The study of how human beings grow, change, and develop throughout the course of their lives, from birth to death.

Social Roles

The patterns of behavior expected from individuals in specific positions or contexts within a society or group.

Personality Change

Refers to alterations in an individual's characteristic patterns of thoughts, behaviors, and feelings over time.

Extraverted

Being outgoing, energetically social, enthusiastic, and inclined towards engaging with the external world and people.