Genna Is a Director of Fab Stuff Corporation

question 21

Multiple Choice

Genna is a director of Fab Stuff Corporation.Without informing Fab,Genna starts up Evertrendy,Inc. ,to compete with Fab.Genna is li?able for breach of

• A)no duty or rule
• B)the business judgment rule.
• C)the duty of loyalty.
• D)the right of participation.

Distinguish between households and firms in terms of supply and demand in the capital market.

Recognize the role and impact of retained earnings on corporate investment and shareholder value.

Understand the importance of innovation and risk in earning profits within competitive markets.

Grasp the concept of financial intermediaries and their role in the capital allocation process.

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Definitions:

USS Indianapolis

A United States Navy ship famously sunk in July 1945, leading to one of the greatest maritime disasters in American history due to shark attacks and lack of immediate rescue.

Philippine Sea

A marginal sea of the Western Pacific Ocean east of the Philippine archipelago.

Topic Sentence

A line that encapsulates the core thought of the segment it appears in.

USS Indianapolis

A United States Navy ship famously sunk during World War II, resulting in one of the greatest maritime tragedies in naval history.