If Selling and Administrative Expenses Decrease While Everything Else Remains

question 22

Multiple Choice

If selling and administrative expenses decrease while everything else remains the same, what will happen to return on investment (ROI) ?

• A)ROI will decrease.
• B)ROI will increase.
• C)ROI will not be affected.
• D)We cannot determine the direction of the effect from the information provided.

Comprehend the legal implications of the doctrine of respondeat superior and its impact on corporate liability.

Recognize the rights and liabilities of corporate directors, including dissent and indemnification under the MBCA.

Grasp the structure and function of board committees, particularly executive committees, within a corporation.

Understand the importance and requirements of articles of incorporation under the Model Business Corporation Act.

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Definitions:

Speaker Of The House

The presiding officer of the House of Representatives, responsible for maintaining order and overseeing proceedings.

Steering And Policy Committee

A committee within legislative bodies, particularly in the United States Congress, that is responsible for setting the legislative agenda and coordinating policy priorities for the political party in power.

Congressional District Lines

The boundaries defining the area from which a member of the House of Representatives is elected, often redrawn to reflect population changes or for political advantage in a practice known as gerrymandering.

Civil Rights Act

A landmark piece of legislation in the United States that aims to eliminate discrimination based on race, color, religion, sex, or national origin.