In Storetrax.com v. Gurland, where Gurland, founder and president ...

[cherise1989]

In Storetrax.com v. Gurland, where Gurland, founder and president of Storetrax, was fired, the appeals court held that it was not a breach of fiduciary duty for Gurland to be paid severance pay.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

When a merger increases concentration, a defense that shows that the firms' customers are sophisticated, large buyers that will not be taken advantage of by a bigger merged firm is:
 a. the failing firm defense
  b. potential competitor defense c. power-buyer defense
  d. directorate defense
  e. no such defense is recognized

[sierrahalpin]

Answer to Question 1

TRUE

Answer to Question 2

c