All of the Following Criteria Reflect Survey Findings of the Characteristics

question 94

Multiple Choice

All of the following criteria reflect survey findings of the characteristics of a good director EXCEPT

• A) willing to challenge management when necessary.
• B) expertise on global business issues.
• C) understands the firm's key technologies and processes.
• D) available for outside meetings to advise management.
• E) willing to always agree with executive decisions.

---

Definitions:

Statute of Limitations

A legal rule determining the furthest limit in time to begin legal procedures after an occurrence.

Statute of Limitations

A regulation specifying the latest allowable date to initiate legal proceedings after a specific event.

UCC

Short for Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Sales Contract

A legally binding agreement between a buyer and seller outlining the terms of a transaction for the sale and purchase of goods or services.