This topic contains a solution. Click here to go to the answer

Author Question: Application of the business judgment rule to a board's decision presumes all of the following ... (Read 235 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
Application of the business judgment rule to a board's decision presumes all of the following except: ______.
 A) that the board's decision was profitable to the corporation
 B) that the board acted on an informed basis
 C) that the board acted in good faith
 D) that the board believe it was acting in the best interest of the corporation

Question 2

The Sarbanes-Oxley Act prohibits all corporate loans to directors and executive officers unless: ______.
 A) the company is in the consumer credit business.
 B) the loan is to relocate as part of an employment contract.
 C) the loan is made to purchase securities.
 D) none of these, as all loans are prohibited.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A

Answer to Question 2

A




BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library