Answer:
derivative, written, 90, independent
Explanation:
When a company is harmed, the board of directors can sue on behalf of the corporation. If they do not, the shareholders may bring a DERIVATIVE action. Before filing suit, the shareholders must make a WRITTEN demand of the board to do so. If the board does not take action within 90 days, the shareholders can file suit. A court may dismiss the case if the majority of directors or an INDEPENDENT panel determines in good faith that the lawsuit is not in the best interest of the corporation.
Answer:
Two advantages of limiting terms of government offices are to curb corruption and increase public accountability.
Explanation:
Limiting the term that public officials can serve in government positions can make the administration of public offices more transparent because it discourages corruption as no official is seated for very long in any one public office. The rules and regulations are kept transparent and no one can change the terms of administration to favor themselves for longer terms in office. One of the disadvantages is that long term policy decisions are less likely to be implemented and public officials build less expertise in state administration. There can also be talented administrators who have to leave their positions because of the term limits and this is a loss of talent for the state.
<span>The value of stock on the New York Stock Exchange fell by a fifth from its peak in 1929
</span><span>Businesses closed their doors, factories shut down
</span><span>The banks failed and most Americans lost their savings and investment
A quarter of Americans were unemployed</span>
