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
AnnyKZ [126]
3 years ago
12

Ralph, a director at ZincX Inc., has been sued by the company's shareholders for making a poor financial decision that cost the

company millions of dollars. Ralph can claim protection under the business judgment rule only if he had a vested financial self-interest in the financial decision under dispute. True or False?
Business
1 answer:
lara [203]3 years ago
8 0

Answer:

False

Explanation:

In order for an executive to claim protection under the business judgment rule they must prove that their decisions were rational and made in good faith. Business executives and the board of directors are responsible for making decisions and some will good and others may be bad, but they have to make those decision without fear of prosecution.

You might be interested in
How can health care professional prepare for working with various groups
rewona [7]

Answer:

https://study.com/academy/answer/how-can-healthcare-professionals-prepare-for-work-with-various-age-groups.html here is where the answer is

Explanation:

4 0
2 years ago
If the real money demand is greater than the real money supply, interest rates must rise to reach equilibrium in the money marke
kondaur [170]

Answer:

2. False

Explanation:

The market for money is like the market for any other good: if demand is higher than supply, then, the price of money (the interest rate), will have to be lowered, so that money becomes cheaper and more abundant, and supply and demand become equal and reach equilibrium.

In this case, the centrla bank needs to lower the interest rates by buying bonds. When the central bank buys bonds, it prints more money that is put in the market, effectively increasing the supply of money, and lowering the interest rate in the meantime.

6 0
3 years ago
New shale gas deposits are found in North Dakota :
lisabon 2012 [21]

Answer and Explanation:

When the deposits with respect to new shale gas found in north dakota so there would be the both shifts i.e. long run  aggregate supply and the short run aggregate supply

And on the other hand when the hot weather would lead to less crop in the midwest so there should be the shift in the short run aggregate supply

Therefore the same would be considered and relevant too

3 0
3 years ago
Suppose that the risk-free rates in the United States and in the United Kingdom are 4% and 6%, respectively. The spot exchange r
gizmo_the_mogwai [7]

Answer:

The futures price of the pound for a one-year contract be to prevent arbitrage opportunities would be $1.63/BP.

Explanation:

In order to calculate the the futures price of the pound for a one-year contract be to prevent arbitrage opportunities we would have to make the following calculation:

futures price of the pound for a one-year contract=Spot rate*(1+United Kingdom risk free rate)/(1+United States risk free rate)

futures price of the pound for a one-year contract=$1.60/BP*(1+6%)/(1+4%)

futures price of the pound for a one-year contract=$1.63/BP

The futures price of the pound for a one-year contract be to prevent arbitrage opportunities would be $1.63/BP.

4 0
3 years ago
In the books of seller, is deducted from the invoice price when the buyer pays earlier or on the date/term stipulated
Nutka1998 [239]

Answer:

In the books of seller, cash discount is deducted from the invoice price when the buyer pays earlier or on the date/term stipulated

Explanation:

  • An early payment discount or cash discount is the reduction in invoice price due to payment before the due date.
  • A number of factors should be considered to see how much discount should be provided . Some of them are: check the cash discount offered by competitors, and check the payment history of the customer.
  • This strategy helps close the gap in cash flow and boost the working capital.
7 0
3 years ago
Other questions:
  • A. True
    15·1 answer
  • For firms in perfectly (purely) competitive markets, long‑run economic profits are zero because firms will exit this market if p
    5·1 answer
  • Marissa, a college student, and her father, a wealthy businessman, were each considering the purchase of a new automobile. As a
    14·1 answer
  • A line cook at a restaurant was inspired to become a chef, but he lacked the necessary training. The line cook asked the chef at
    7·1 answer
  • Swifty Corporation records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $
    8·1 answer
  • On January 1, Year 1, Friedman Company purchased a truck that cost $35,000. The truck had an expected useful life of 200,000 mil
    13·1 answer
  • Which statement best explains the law of demand?
    10·2 answers
  • Which is not a consideration when allocating assets and diversifying? A. Real estate holdings B. Avoiding similar investments C.
    6·1 answer
  • What is a secured credit card and how does it work.
    14·1 answer
  • assume that two firms are both following generally accepted accounting principles. both firms commenced operations two years ago
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!