An American Manager Goes to a Company in Japan to Give

question 24

Multiple Choice

An American manager goes to a company in Japan to give a formal presentation. When he pauses during the presentation, his Japanese counterparts also remain silent. In this situation, what should the American manager do?

• A) He should fill the silence with anecdotes about his family.
• B) He should leave as this is how the Japanese signal their disagreement.
• C) He should start again because the Japanese have not understood the concept.
• D) He should wait for the Japanese managers to respond.
• E) He should offer the Japanese refreshments to make them feel comfortable.

Understand the significance of and legal framework around pre-incorporation contracts and promoters' liabilities.

Grasp the concept of derivative and direct actions in corporate law, including when shareholders can sue on behalf of the corporation.

Analyze the protections and limitations provided by shareholders' agreements and pre-emptive rights.

Discern the impact of corporate decisions on minority shareholders and procedures to address grievances.

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Definitions:

Quantity Demanded

The entirety of a good or service that buyers are willing and have the ability to buy at a stated price.

Complements

Goods or services that are used together, where an increase in consumption of one leads to an increase in consumption of the other.

Crop Destroyed

A situation where agricultural produce is damaged or obliterated due to factors like natural disasters, pests, or disease.

Excess Supply

A condition in the market where the quantity of a good or service supplied is greater than the quantity demanded at the current price.