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marta [7]
3 years ago
10

The business judgment rule is important because it reflects the principle that ________, not _________, have the greatest latitu

de to run companies.
a. shareholders; company directors
b. managers; company directors
c. shareholders; managers
d. company directors; shareholders
Business
1 answer:
Shalnov [3]3 years ago
6 0

Answer: d. company directors; shareholders

Explanation: The conduction and management of a business usually involve making controversial decisions or taking actions that might put the business at risk. In a general sense, greater profits calls for greater risks. As such, the business judgement rule states that the board of directors should be allowed to make such decisions without fear of prosecution by shareholders who might object while acknowledging that managers are not capable of making optimal decisions at all times. The rule therefore aid in protecting a business's board of directors from slight legal allegations about the conduct of business. It is thus important because it reflects the principle that company directors, not shareholders, have the greatest latitude to run companies.

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To reduce the effects of crowding out caused by an increase in government expenditures, the Federal Reserve could
Alexxandr [17]

Answer:

D) Increase the money supply by buying government securities

Explanation:

When public investment crowds out private investment, it is because the government is making use of all, or most of the supply of loanable funds in the economy. This causes the interest rates to rise, making it more expensive for the private sector to borrow and invest.

The Central Bank can step in and help solve this problem by lowering the interest rate. It can do so by buying government securities. The money used to buy these securities enters the economy, making the money supply grow, including the supply of loanable funds, causing the interest rate to fall.

8 0
3 years ago
China Manufacturing Agents, Inc. is preparing a five-year plan. Today, sales are $1,000,000. If the growth rate in sales is proj
gogolik [260]

Answer:

China Manufacturing Agents, Inc. is preparing a five-year plan. Today, sales are $1,000,000. If the growth rate in sales is projected to be 10 percent over the next five years, what will the dollar amount of sales be in year five?

$500,000 in five years

Explanation:

8 0
3 years ago
A company had service revenue of $257,000, rent expense of $10,700, utility expense of $4,200, salary expense of $19,200, deprec
Reil [10]

Answer:

Income summary has a $208,630 credit balance before being closed

Explanation:

The closing entries should be:

Dr Service revenue 257,000

    Cr Income summary 257,000

Dr Income summary 48,370

    Cr Rent expense 10,700

    Cr Utility expense 4,200

    Cr Salary expense 19,200

    Cr Depreciation expense 9,700

    Cr Advertising expense 4,570

Income summary

Debit               Credit

<u>18,370             257,000</u>

                       208,630

In order to close income summary:

Dr Income summary 208,630

    Cr Retained earnings 208,630

If you want to close dividends:

Dr Retained earnings 18,700

    Cr Dividends 18,700

7 0
4 years ago
This case discusses the case of India and the potential impact of the new government's reforms on the future of India. The case
Maurinko [17]

Some of the factors that show that India has lots of promise to shine among the emerging market economies are;

  • India's substantial manufacturing growth, business-friendly reforms, infrastructure development, and political stability make the country the most notable developing market for investors to invest in.

<h3>What are some of the factors that are preventing India from achieving its full potential?</h3>

India would not be able to grow its economy or develop sustainably until gender and economic disparity are reduced. According to a recent United Nations Development Fund assessment, India trails behind several of its South Asian neighbors on the human development index (HDI), mostly due to inequities.

<h3>Why was China able to achieve such economic growth more easily than India?</h3>

While economic reforms may account for some of the differences, China outpaced India because:

(1) the economy was privatized sooner;

(2) prices were released sooner;

(3) the labor market underwent much deeper reforms; and

(4) the economy was opened up to international trade and foreign direct investment (FDI) sooner.

Learn more about India's economy:

brainly.com/question/16352684
#SPJ1

8 0
2 years ago
The production sector would NOT include Group of answer choices a Florida orange grove a California wine grower a meat packing p
julsineya [31]

Answer: Meat packing plant

Explanation:

The options to the question are:

A. California wine grower

B. meat packing plant

C. horticultural nursery

D. Florida orange grove

E. none of the above

Of all the options given in the question, the correct answer is meat packing plant. It should be noted that the meat packaging plant will not be part of the production sector due to the fact that no productive activities are taking place, it only involves in services.

7 0
4 years ago
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