Which of the Following Statements Is Correct

question 1

Multiple Choice

Which of the following statements is correct?

• A)A good goal for a firm's management is maximization of expected EPS.
• B)Like corporations, the board of directors for an income trust supervises the operating entity on behalf of unitholders.
• C)There is a legal obligation to pay cash distributions for income trusts.
• D)Agency conflicts easily arise between shareholders and managers.

Grasp the concept and examples of personal and real property.

Understand the definition and legal implications of conversion.

Recognize the definition and examples of trespass to land.

Identify different torts against property and their elements.