Author Question: A public company instituted a clawback policy. What does this mean? A)The company can require the ... (Read 155 times)

TFauchery · **on:** Jun 24, 2018

A public company instituted a clawback policy. What does this mean?
A)The company can require the CEO and CFO to reimburse the company for any bonus or profits they received from selling company stock within a year of the release of flawed financials.
B)At least once every three years, companies must take a nonbinding shareholder vote on the compensation of the five highest-paid executives.
C)The company is prohibited from expelling shareholders unless the firm pays a fair price for the minority stock and the expulsion has a legitimate business purpose.
D)The company has decided that the compensation level of its executives is not in the company's best interests, so it reduces all executive pay levels by a certain percentage.

Question 2

Which of the following is not an instance in which the U.S. Trade Representative may take retaliatory action against a foreign country?
A) The foreign country's policies violate the legal rights of the U.S. and restrict U.S. commerce.
B) The foreign government permits forced labor.
C) The foreign government's policies are unreasonable or discriminatory and burden or restrict U.S. trade or foreign investment.
D) None of the above is discretionary, rather, retaliation by the U.S. Trade Representative is mandatory in all three instances.