A Vacancy on the Board of Directors Can Be Filled

question 63

True/False

A vacancy on the board of directors can be filled by the board itself.​

---

Definitions:

Elastic Demand

Refers to a market situation where the quantity demanded of a product is highly responsive to changes in its price.

Price Discrimination

A pricing strategy where a company charges different prices for the same product or service depending on the customer, market, or region.

Airline Company

A business that provides air transport services for traveling passengers and freight.

Telephone Company

A business that provides telecommunications services such as voice calls and data transmission to customers.