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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.

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Answer:

Explanation:

1. Fixed Costs = 160,000

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Read 2 more answers
, suppose the book value of the debt issue is $70 million. In addition, the company has a second debt issue on the market, a zer
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Answer: See explanation

Explanation:

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In the _____ structure hierarchy, the headquarters relies on strategic controls to set rate-of-return targets and financial cont
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In the competitive structure hierarchy, the headquarters relies on strategic controls to set rate-of-return targets and financial controls to monitor divisional performance relative to those targets.

<h3>What is competitive hierarchy?</h3>
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To learn more about Maslow's hierarchy  refer,

brainly.com/question/1785981

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I want to sell homework answers but I need to contact people without people finding out I did
zavuch27 [327]

Answer:

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Explanation:

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