Which of the Following Might Be a Successful Claim (I

question 50

Multiple Choice

Which of the following might be a successful claim (i.e.,defence) if a director is charged personally for violation of environmental regulations,resulting in pollution?

• A)He did not participate in the decision leading to the offence.
• B)He had delegated decision authority to someone else.
• C)He had exercised due diligence.
• D)He was not aware of the regulations.
• E)He was not present at the meeting when the decision was made.

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Definitions:

Profit-Maximizing Level

The point of operation where a business can achieve the highest profit, typically determined by analyzing costs and revenue.

Price

The financial expectation, obligation, or contribution made in payment for something.

Total Cost Curve

A graphical representation of the total cost, showing how total cost depends on the quantity of output.

Marginal Cost

The rise in sum total expense from the production of one extra unit of a product or service.