The shareholders have the authority to remove a director in this scenario when only one member of the board of directors refuses to step down.
What is board of directors?
A board of directors, also known as the board or simply the board, is an executive committee that collectively oversees the operations of an organisation. This organisation may be for-profit or nonprofit, such as a <u>company, nonprofit, or government agency</u>.
Governmental regulations, including the corporate law of the applicable jurisdiction, as well as the organization's possess constitution and by-laws, set forth the rights, obligations, and obligations of a board of directors. These authorities may determine the number of board members, the process for selecting them, and the frequency of their meetings.
The full membership of an organisation that has voting members, who typically elect the board members, is responsible to and may be subordinate to the board in such an organisation.
Because In general, the sole authority to remove a director rests with the shareholders. A resolution to remove a director must be approved by a majority of shareholders at a special general meeting.
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Waiting is a bad idea because you could lose good opportunities in the time you wait. Choosing the same career as someone you admire might not be what you would best enjoy or succeed in, and the job that earns you the most money isn't necessarily the most enjoyable. The answer is A :)
Once the BAL has peaked and started to go down, people who have been drinking believe that they are much more sober than they really are.
They tend to think that since they already are sober, they gain the normal use of their faculties and become more alert. They do not realize that the presence of alcohol in their system is still making them impaired and careless.
Option (a) is the best choice. Interest groups pay lobbyists to serve as their representatives.
<h3>What does interest group lobbying entail?</h3>
The act of lobbying is the direct approach taken by a lobbyist to influence public figures to promote the agenda of their clientele. The National Rifle Association is an illustrative lobbying organization. Interest groups are associations of people who get together for the purpose of influencing the government.
<h3>Why would a lobbyist be employed by an interest group?</h3>
Lobbyists are employed by interest groups to sway elected authorities. Access to public figures in all areas of government is sought after by lobbyists. By informing government officials about the interests of their group and engaging in grassroots lobbying, lobbyists attempt to sway policy. Many lobbyists have prior public service experience.
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Answer:
b) -$700.
Explanation:
The economic profit or loss will be:
economic result = revenue - total cost
<u>Where:</u>
fixed cost + variable cost = total cost
400 + 600 = 1,000
revenue = units x selling price per unit
100 units x $3 = $300
economic result = revenue - total cost = 300 - 1,000 = -700
The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.
But, it is not selling at the correct price. It should sale at a higher price.
