Examlex

Solved

The Widespread Use of Scanner-Based Computer Checkouts Has Eradicated Complaints

question 72

True/False

The widespread use of scanner-based computer checkouts has eradicated complaints of retailers overcharging their customers.


Definitions:

Shareholder's Derivative Suit

A legal action initiated by a shareholder on behalf of the corporation against a third party, often the corporation's executives or directors, for mismanagement or fraud.

Corporate Directors

Individuals elected by shareholders to oversee the management of a corporation and ensure that it is being run in accordance with their interests.

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, carrying on business, incurring liabilities, and suing or being sued.

Cash Tender Offer

A type of takeover in which the aggressor corporation offers to pay the target shareholders cash for their stock.

Related Questions