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Mice21 [21]
3 years ago
13

Ray is a shareholder of Small Biz Company (SBC). When the directors fail to undertake an action to redress a wrong suffered by S

BC, Ray files a suit on the firm’s behalf. Refer to Fact Pattern 20-1. Ray’s suit is a shareholder’s Group of answer choices ​duty-of-care suit. ​duty-of-loyalty suit. ​business-judgment rule suit. ​derivative suit.
Business
1 answer:
julsineya [31]3 years ago
4 0

Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.

Explanation:

  • Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
  • If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
  • Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.  
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Erie company has 500 units of capacity for their traditional product, Emu, and buys one point of automation. If Erie company’s c
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Answer: 2 years

Explanation:

The payback period is the amount of time that is needed for the required cash inflow of a project to offset the initial cash outflow that the business offsets. The payback period is when the initial outlay of an investment is recovered. There are two different methods used to calculate payback period. We have the average method and the subtraction method.

In the above question, the payback period is solved as follows:

Labour cost decreases by 10% for each unit.

Therefore,

= $10 × 10%

= $10 × 0.1

= $1 per unit.

In order to recover $2000, the business needs to sell the following;

= 2000/1

= 2000units.

If Eric sells 1000 units per year of Emu, it will take:

2000/1000= 2years

In conclusion, the payback period of the investment is 2 years.

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Why do some companies state their core values but make little effort to ensure that individual personnel and the company in gene
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Answer:

The importance maxim just serves to make the business look good .

Explanation:

  • Throughout recent years, the once common image of ethics as individualistic, unchangeable and impervious to corporate pressures did not stand up to inspection.
  • The stories of many Companies demonstrate the position that companies play in influencing the actions of people and that even sound moral fiber will crumble when too lean.
  • Once presenting an enforcement program, administrators will speak of mutual trust, but staff often see a message from on high.
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You are thinking of buying a bond from Knight Corporation. You know that this bond is long term and you know that Knight’s busin
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Answer:

d. Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight.

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Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight because this bond is risky and uncertain.

This means the company would not want to run at a loss

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