Denise Has Been Asked to Join the Board of Directors

question 10

Multiple Choice

Denise has been asked to join the board of directors of Summit Corp, which carries on a software development business.She is attracted by the prestige and contacts she may gain as a result of joining the board but is concerned about her personal liability.Which of the following is TRUE?

• A)She has nothing to worry about because corporations are separate legal persons and so there is nothing that she would ever become liable for.
• B)She should worry about being held directly liable for the contracts the corporation enters into.
• C)She should worry about being vicariously liable for torts for which the corporation is responsible.
• D)She should worry about personal liability under regulatory and tax statutes.
• E)She does not need to worry so long as she obtains an indemnity from the corporation because an indemnity will always protect her from all risk.

Identify characteristics and coping mechanisms of individuals with high social anxiety.

Comprehend the role of affect intensity and dispositional optimism in emotional experience and well-being.

Analyze the relationship between personality traits like emotional expressiveness, dispositional optimism, and achievement behavior.

Grasp the effects of personality on coping strategies in stressful or traumatic situations.

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Definitions:

Protons

Positively charged particles found within an atom's nucleus, contributing to the atom's mass and defining the element.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom, involved in chemical bonds and electricity.

Chemical Equation

A chemical equation is a symbolic representation of a chemical reaction, displaying the reactants and products with their respective chemical formulas.

Reactant

Substance that participates in a chemical reaction. Compare with product.