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MissTica
2 years ago
15

Erin, a shareholder of Finance Inc., demands the right to inspect corporate records to determine whether management has engaged

in self-dealing that impacts the company. The firm refuses the request. On Erin’s challenge, a court is most likely to hold that her request constitutes:________
a. harassment.
b. unreasonable access to trade secrets and other confidential information.
c. a proper purpose.
d. potential abuse.
Business
1 answer:
Ket [755]2 years ago
6 0

Answer:

c. a proper purpose.

Explanation:

Proper purpose is an action taken by a shareholder or member of a corporation that is reasonable related to his position or rights.

With the proper purpose rule there is a constraint on a director's autonomy within an organisation and it provides checks to excesses by the management team.

Erin demands the right to inspect corporate records to determine whether management has engaged in self-dealing that impacts the company.

As a shareholder she is enforcing proper right and the court will uphold this.

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Answer:

The correct option is;

D. Prepare by studying problems ahead of the meeting and listening carefully

Explanation:

Positive workplace behaviors in the meetings include preparation for the meeting to make the meeting productive for you and the other participants by ensuring;

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It is important to study the problems ahead of the meeting and listen carefully to avoid being the one to ask others what the meeting was for when you join the meeting

Ensure the purpose for being at the meeting is clear and the meeting agenda is well known as well as what knowledge is expected and what is to be discussed.

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An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day. True or false?.
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It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.

A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.

When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.

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1 year ago
When shares of stock that were issued to the public are later bought and sold among investors on the stock exchange, the issuing
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Last option is correct. The issuing corporation does not record any entry because it doesn't receive or give anything of value.

<h3>What are shares of stock?</h3>

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7 0
1 year ago
The demand function for widgets is given by D(P) 16 2P. Compute the change in consumer surplus when the price of a widget increa
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Question: The demand function for widgets is given by D(P) = 16 − 2P. Compute the change inconsumer surplus when price of a widget increases for $1 to $3. Illustrate your result graphically

Answer:

For price of a widget equal to $1 consumer surplus is

D(1) = 16 - 2(1) = 14

CS₁ = ½ × (8 – 1) × D(1) = ½ × 7 × 14 = 49.

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8 0
3 years ago
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