You and Your Roommate Open a Jar of Jelly That

question 251

Essay

You and your roommate open a jar of jelly that has been sitting in the back of your refrigerator for months.Your roommate is surprised to see black mold growing around the mouth of the jar and says that the refrigerator should be too cold and the jelly too hypertonic to support bacterial growth.Explain to your roommate what kind of organism is growing in the jar and why it is able to do so.

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Definitions:

Corporate Constituency Statutes

A statute that expands the traditional view that directors and officers of a corporation have a duty to make business decisions primarily or exclusively to maximize shareholders’ interests by explicitly permitting the consideration of non-shareholder interests. Those interests may vary but often include the environment, corporate employees, customers, creditors, suppliers, and local community.

Raiders

Individuals or entities that aggressively attempt to take over or acquire control of a business, often through purchasing a substantial portion of its stock.

Corporate Books

The official records of a corporation, documenting essential activities, decisions, and financial transactions.

Freeze-Out Acquisition

A strategy used in mergers and acquisitions where a majority shareholder forces out minority holders to take full control of the company.