Assume That Scipio Ltd Has a Controlling Interest in Africanus

question 10

Multiple Choice

Assume that Scipio Ltd has a controlling interest in Africanus Ltd.As a result of this relationship:

• A) The directors of Africanus Ltd have a fiduciary duty to act in the best interests of Scipio Ltd.
• B) Because of its controlling interest in Africanus Ltd, Scipio Ltd will take over the management of Africanus Ltd from the Board of that company.
• C) The Board of Africanus Ltd will be dissolved as they no longer have any real power in Africanus Ltd.
• D) None of the above.

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Definitions:

Rogers

Refers to Carl Rogers, an influential American psychologist who founded the humanistic approach to psychology.

Theory

A systematic set of ideas intended to explain facts or phenomena, often based on principles independent of the things to be explained.

Reciprocal Determinism

Bandura’s concept of a mutual influential relationship among behavior, cognitive factors, and environment.

Bandura

Albert Bandura, a psychologist known for his work on social learning theory and the concept of self-efficacy.