1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksano4ka [1.4K]
3 years ago
11

Galen and Leslie are directors, but not officers, of Tropical Travels, Inc. Tropical Travels becomes embroiled in a controversy

over airline kickbacks. As directors, Galen and Leslie can be named in any lawsuit that may result from the company's actions. Because of their right of: a. indemnification, the company may reimburse them for legal fees and judgments. b. compensation, they have been adequately paid in the event that they require legal representation. c. inspection, they have access to all the company documents that are necessary for the legal proceedings.
Business
2 answers:
OverLord2011 [107]3 years ago
7 0

Answer:

a. indemnification, the company may reimburse them for legal fees and judgments

Explanation:

Galen and Leslie are representatives of the company and are held accountable for any action taken by the company.

In this case there was a lawsuit charged against the company and both will bear the brunt indirectly.However the company bears the brunt by providing enough support through indemnification.

LekaFEV [45]3 years ago
5 0

Answer:

A.indemnification, the company may reimburse them for legal fees and judgments.

You might be interested in
Sports Corp has 11.7 million shares of common stock outstanding, 6.7 million shares of preferred stock outstanding, and 2.7 mill
katrin2010 [14]

Answer: 10.34%

Explanation:

First calculate the value of the company's total capital:

= Common stock + Preferred stock + Debt

= (11,700,000 * 26.70) + (6,700,000 * 14.20) + (2,700,000 * 96.83/100 * 1,000 par value)

= $3,021,940,000

The weight to be used for common stock is:

= Common stock value / Total capital value

= (11,700,000 * 26.70) / 3,021,940,000

= 312,390,000 / 3,021,940,000

= 10.34%

7 0
3 years ago
The following planned figures have been developed by a buyer for next month: sales = $25,000; reductions = $1,500; BOM stock = $
sweet [91]

Answer:

The planned purchases are given as  $34,500 while the value of OTB is $28,900

Explanation:

The Planned purchases is given as

Planned Sales + Planned Markdowns + Planned End of Month Inventory - Planned Beginning of Month Inventory = Planned Purchases

So here the planned sales are 25000

The planned Reductions are 1500

The End of Month inventory is 88000

The Beginning of Month Inventory is 80000 So the value is given as

25000+1500+88000-80000= Planned Purchases

Planned Purchases =34500

The OTB is given as

OTB=Planned Purchases-Commitment

OTB=34500-5600

OTB=28900

7 0
2 years ago
According to the _____________ of Alderfer’s ERG theory, an already-satisfied lower-level need can become reactivated when a hig
BaLLatris [955]

Answer:

regression theory

Explanation:

According to the <u>regression theory</u> of Alderfer’s ERG theory, an already-satisfied lower-level need can become reactivated when a higher-level need cannot be satisfied.

Alderfer proposed a regression theory to go along with the ERG theory, where he propounded that <u>when needs in a higher category are not met then individuals redouble the efforts invested in a lower category need.</u>

For example if self-actualization or self-esteem needs in the Maslow's hierarchy of needs are not met then individuals will invest more effort in the physiological and safety category in the hopes of achieving the higher need.

4 0
2 years ago
What are the different types of contract? The different types of contract are express contract, ______ contract, unilateral cont
ladessa [460]
Implied is another type of contract.

I hope this help
7 0
3 years ago
Read 2 more answers
A market researcher divides the Dallas metropolitan area into blocks having roughly equal populations. He then selects a random
stira [4]

Answer: . two-stage area

Explanation:

In two-stage specimen sampling, a simple random sample of specimen is selected and then a simple random sample is selected from the units in each sampled specimen. Two-stage sampling is used when the sizes of the specimens are large, making it difficult or expensive to observe all the units inside them.

7 0
2 years ago
Read 2 more answers
Other questions:
  • Costs that do not change with output are called __________ costs A. average B. variable C. marginal D. fixed
    5·1 answer
  • Identify three economic activities that are replacing shifting cultivation
    10·1 answer
  • Violet negotiates with Urban Credit Corporation to obtain a loan for $85,000 to buy a home. During the negotiations, Urban Credi
    9·1 answer
  • A building was purchased for $66,500. The asset has an expected useful life of eight years and depreciation expense each year is
    7·1 answer
  • Now Inc. released its annual results and financial statement. Grace is reading the summary in the business pages of today's pape
    11·1 answer
  • In the following information, what is the times interest earned ratio?
    6·1 answer
  • You can expect that an investment could gain or lose as much as 20% in a year. Your investment is $5,000. What is the lowest val
    11·1 answer
  • Which of the following describes a person's financial debt or obligation?
    13·2 answers
  • A sum of $6,500 deposited in an account grows to $8,000 in 9 years. Assuming annual compounding, what interest rate is being pai
    15·1 answer
  • The sale of a used automobile would not be included in GDP of the current year because it is ________.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!