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Cloud [144]
3 years ago
14

Matthew Granger is a member of the board of directors at Produxicore Inc. Over a period of one year, Matthew failed to attend mo

st of the board meetings, claiming that he was unaware of their occurrence. During the meetings that he did attend, he was not up to date with the company's developments. He did not read the reports he was presented with, and was unfamiliar with the company's financial records. In this scenario, Granger breached his duty of care primarily through _____.
Business
1 answer:
FrozenT [24]3 years ago
7 0

Answer: Negligence of duties

Explanation:

As a board member it's one of his primary duty to keep abreast of the firm performance. Not been aware for a year on the excuse of not been informed and not seeking to find out personally shows a negligence of duties.

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3 years ago
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Trey has $25,000 in savings, two new laptops, two laser printers, and a variety of quality office furniture that he's using to s
stealth61 [152]

Answer: Equity financing

Explanation:

When using Equity financing, the owners of the business are investing either their personal assets into the company or selling shares in the company and raising money from that.

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4 0
2 years ago
Although Deutsche Bank is headquartered in Germany, it is very likely it has some U.S. banking oversight.
marishachu [46]
True, banks around the world keep an eye on foreign currency  
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3 years ago
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"An investor that has been unaffiliated with the issuer for at least 3 months is permitted to sell restricted shares under Rule
Travka [436]

Answer:

six months

Explanation:

Restricted shares are form of securities that are gotten in private sales, from an affiliate of the issuer or through an issuing house. Basically, restricted securities are a form of compensation given to investors in exchange for providing start up capital to a company hence are issued through employee stock benefit plans, private placements, regulation offerings etc.

According to rule 144, before an investor could sell any restricted securities in the market place, such securities must be held for a certain period of time, usually six months for a reporting company, who is subject to the reporting requirements of SEC 1949.

However, where the issuer of the securities is not subjected to reporting requirements of SEC, then the investor could hold them for a period of one year.

4 0
3 years ago
FILL IN THE BLANK. the___process originates in the sales department and ends in the accounting department.
k0ka [10]

The fulfillment process originates in the sales department and ends in the accounting department.

<h3>What conditions must a sales department meet?</h3>

To link a product or service with potential customers or clients, a sales department must create and implement a protocol that is appropriate to the nature of the product or service. For instance, some goods or services necessitate direct communication between a salesperson and a customer in order to close a deal.

<h3>What function does the department of accounting and finance serve?</h3>

The core of any corporation is its accounting and finance division, which is in charge of maintaining the effective financial management and financial controls required to support all corporate operations.

To learn more about Fulfillment Process here:

brainly.com/question/11157883

#SPJ4

5 0
1 year ago
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