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 236 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
:D TYSM


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library