The Revised Act Authorizes the Articles of Incorporation to Include

question 48

Multiple Choice

The Revised Act authorizes the articles of incorporation to include a provision eliminating or limiting, with certain exceptions, the liability of a director to the corporation or its shareholders for any action he takes, or fails to take, as director. These limitations or exceptions, for which liability would not be affected, include:

• A) the amount of any financial benefit the director receives to which he is not entitled, such as a bribe, kickback, or profits from a usurped corporate opportunity.
• B) an intentional infliction of harm on the corporation or the shareholders.
• C) liability under Section 8.33 for unlawful distributions.
• D) an intentional violation of the criminal law.
• E) All of these are correct.

Identify the external and internal actions a leader can take to support team effectiveness.

Recognize the importance of a collaborative climate and unified commitment for team excellence.

Distinguish between the roles of internal task actions and relational leadership actions in team dynamics.

Describe the critical leadership functions for maintaining and improving team functionality.

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Definitions:

Beta

A measure of a stock's volatility in relation to the overall market, indicating the level of risk associated with investing in the stock.

Residual Standard Deviation

A statistical measure that quantifies the amount by which an investment's returns deviate from its expected benchmark performance.

Treynor Measure

A performance metric for determining how well an investment portfolio or fund has performed on a risk-adjusted basis, using beta as the risk measure.