When You Open a File Created in an Earlier Version

question 32

Multiple Choice

When you open a file created in an earlier version of Office, "____ Mode" appears in the title bar, letting you know the file was created in an earlier, but usable version of the program.

• A) Compatibility
• B) Backward
• C) Prior
• D) Legacy

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Definitions:

Ethically Allowed

Actions or decisions that are permitted based on moral or ethical principles.

Unocal Rule

A legal standard from a Delaware Supreme Court case that gives boards of directors a framework for resisting takeover bids.

Business Judgment Rule

A legal principle that shields corporate directors and officers from liability for decisions made in good faith but that ultimately resulted in loss or damage.

Takeover Bid

An offer made to acquire a controlling interest in a company, often against the wishes of its management.