Piaget's Term for Mental Models of the World Used to Guide

question 291

Multiple Choice

Piaget's term for mental models of the world used to guide and interpret behavior is:

• A)schemata
• B)accommodation
• C)assimilation
• D)conservation

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Definitions:

Business Judgment Rule

A legal principle that protects the decisions made by the board of directors of a corporation as long as those decisions are made in good faith, with due care, and in the best interests of the corporation.

Breach

A breach is the violation or breaking of a law, duty, or obligation, either by engaging in an action that is prohibited or failing to perform a required act.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when managing financial assets or decisions for them.

Quorum

The minimum number of members that must be present at a meeting to make the proceedings of that meeting valid.