The given statement " A director violates the corporate opportunity doctrine if he or she competes with the corporation, unless the disinterested directors approve of the director's actions " is TRUE
Explanation:
A business opportunity applies to any business opportunity that a client may gain.
The Corporate Opportunity law controls the moral responsibility of directors, managers and managing stockholders in an organisation, with loyalty responsibilities, not to misuse such incentives without first offering to the corporate board the right to reject the opportunity on behalf of the company.
When these actions are broken and a director of the company takes the chance, then the trustee has abused his obligation to be trustworthy and will be able to maintain a constructive trust with the proceeds arising from the incorrect transaction.
Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
<h3>What is division of labor?</h3>
It involves Sharing of duties or job among individuals or employee.
An employee is allowed to handle a particular task for efficiency.
Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
Learn more on labor below?
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I got that message about 10 times still don’t care lol
Answer:
$337100 and $1422700.
Explanation:
According to the scenario, computation of the given data are as follows,
Cost of Land = Purchase of land + Demolition of old building + Legal fees - Salvage material
Cost of Land = $324,000 + $19,300 + $4,100 - $10,300
= $337,100
Now, Cost of Building = Architect's fees + Construction cost
Cost of Building = $35,700 + $1,387,000
= $1,422,700
The company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
<h3>What is CSR?</h3>
Corporate social responsibility CSR is a concept where a business engages in activities that makes it accountable to a wide range of stakeholders.
Corporate social responsibly make businesses corporate citizens. A business shares some of its profits with society by funding projects and programs that benefit the community.
Hence, the company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
Learn more about CSR here : brainly.com/question/14624782
