If a Board of Directors Is to Be Effective,it Needs

question 74

Multiple Choice

If a board of directors is to be effective,it needs to allocate its scarce time to the ________ issues to which its members can add ________.

• A) most clear; capital
• B) most critical; value
• C) newest; information
• D) hardest; time

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Definitions:

West's Federal Appendix

A reporter of federal court decisions that are not selected for publication in the Federal Reporter.

Binding Precedent

A previous court decision that must be followed by lower courts within the same jurisdiction in cases involving similar facts or legal issues.

Persuasive

Having the ability to convince someone to do or believe something through reasoning or the use of temptation.

Binding Authority

Refers to legal sources that must be followed by a court, such as statutes or case law from higher courts in the same jurisdiction.