Challenges for the Trucking Industry Include

question 10

Multiple Choice

Challenges for the trucking industry include:

• A) lack of flexibility.
• B) limited equipment options.
• C) oversupply of qualified drivers.
• D) competition.

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Definitions:

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money, property, or confidential information.

Corporate Decisions

Corporate decisions are choices or judgments made by the leadership of a corporation that affect the direction, strategy, operations, or governance of the organization.

Preemptive Rights

Rights that allow shareholders to purchase additional shares in a company before the company offers them to the public, protecting their ownership percentage from dilution.

Transferability

The ability of an asset or property right to be sold or otherwise transferred from one party to another.