In 2002, a Cargill Employee Accidentally Died on the Job

question 10

Multiple Choice

In 2002, a Cargill employee accidentally died on the job. If OSHA finds that Cargill is guilty of a major violation of safety regulations, then Cargill may

• A) have to compensate the employee's surviving family members.
• B) be forced into bankruptcy.
• C) be fined up to $10,000 per violation.
• D) have to issue a public apology.
• E) be fined up to $1,000,000 per violation.

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Definitions:

Repurchased Shares

Stocks that have been bought back by the issuing company from shareholders, reducing the amount of outstanding shares on the market.

Outstanding Shares

A corporation’s shares currently held by shareholders.

Articles of Incorporation

A paper submitted to the state authorities to formally set up a corporation.

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as specified in its charter.