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vlada-n [284]
3 years ago
12

The business judgment rule has been replaced by good faith statutes in most states. True or False

Business
1 answer:
yan [13]3 years ago
5 0

Answer:

False

Explanation:

The business judgement law is the law principle that provides honest business decision made in good faith and on which no further investigations are actionable even the decision is mistaken or harmful.

The Business Judgement Rule States:

An officer who makes business judgement in good faith fulfills (the day of care) if he

  1. Is not interested in subject of his business judgement
  2. Is informed with subject of his business judgement to the extent (he) reasonably believes to be appropriate under the circumstances
  3. Rationally believes that his business judgement is in the best interest of the company

Moreover, none of the states has replaced it with good faith statues as it's the law for taking critical business decisions.

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Reading out loud is an effective strategy for proofreading a written work. Please select the best answer from the choices provid
tatyana61 [14]

Answer:

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Explanation:

8 0
2 years ago
Stock A's stock has a beta of 1.30, and its required return is 12.00%. Stock B's beta is 0.80. If the risk-free rate is 4.75%, w
kvv77 [185]

Answer:

c. 9.21%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For stock A

12% = 4.75% + 1.30 × market risk premium

12% - 4.75% = 1.30 × market risk premium

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For Stock B, required rate of return would be

= 4.75% + 0.80 × 5.58%

= 4.75% + 4.464%

= 9.214%

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4 years ago
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maxonik [38]

Answer:

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5 0
3 years ago
If the consumer price index was 80 in 2004, 100 in 2005, and 110 in 2006, then the base year must be
iogann1982 [59]
2004 is the base year
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3 years ago
The general manager for Freeman and Associates is reviewing monthly project management reports to determine the best course of a
mafiozo [28]

Answer:D. tactical

Explanation:Tactical decisions are medium-term decisions usually spanning between six months and one year. Tactical decisions are made within the limitations of the overarching strategic supply chain decisions, in other words, they are planned towards accomplishing and executing the strategic level decisions.

Tactical decisions resolve mostly conflicts between strategy and its implementation. They also apply to conflicts between individual objectives and objectives of the whole company.

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