Brian Makes a Material Misrepresentation of Fact Regarding His Horse

question 28

Multiple Choice

Brian makes a material misrepresentation of fact regarding his horse to Rosalind while out riding one day. Later that day, Rosalind makes an offer to buy the horse which Brian accepts, without correcting his earlier misrepresentation of fact. In this case:

• A) Brian may avoid the contract.
• B) Rosalind may avoid the contract.
• C) either or both Brian or Rosalind may avoid the contract.
• D) neither Brian nor Rosalind may avoid the contract.

Describe the effects of power on leaders and their decision-making processes.

Articulate the importance of ethical leadership and followership in organizations.

Outline the concepts and levels of corporate social responsibility (CSR).

Analyze the role of leaders in managing information and their responsibility towards stakeholders.

---

Definitions:

Financial Leverage

Utilizing debt to finance additional assets, aiming to increase returns to shareholders but also increasing risk.

ROE

A metric indicating how effectively a company uses shareholders' funds to generate profits.

Financial Leverage

The use of borrowing to increase the potential return of an investment.

Beta Coefficient

This is a measurement of the volatility of a stock or portfolio in comparison to the market as a whole.