Answer:
Fiduciary Duty
1. The two main duties of company directors and top managers are the duty of care and the fiduciary duty of loyalty. The fiduciary duty of loyalty requires that managers act in the best economic interest of the company without engaging in activities that give rise to personal economic conflict.
2. Gaffney did not act ethically in this case. He did not avoid conflict of interest as an officer of Chelsea Corporation.
3. Gaffney and his partners clearly breached their fiduciary duty of loyalty. Within the two years of their employment at Ideal Tape Company, they acted in their personal interest. They were using company resources to conduct researches, setting up a rival company to compete with Ideal.
Explanation:
When a fiduciary duty of loyalty is breached, the corporation can damages. The court will usually base the damages on the salaries of the officer who breached his fiduciary duty within the application period.
Answer:
1.50
Explanation:
The debt coverage ratio shows the extent to which the property is generating income in a bid to pay its debt service charge, it is computed using the below DSCR formula
DSCR= net operating income (NOI)/Debt service
net operating income (NOI)=$150,000
Debt service=interest expense or finance charge in the year=$100,000
DSCR=$150,000/$100,000
DSCR=1.50
The property in question is generating income that is 1.5 times its debt servce yearly
Radicalism is the economic theory that views MNC's as bad for the working class and developing world.
Given that MNC's are viewed bad for the working class and developing world.
We are required to name the economic theory in which MNC's are viewed as bad for the working class and developing world.
The name of the economic theory that views MNC's as bad for the working class and developing world is radicalism. The term radicalism believes that society needs to be changed, and that these changes are only possible through revolutionary means. It is basically a negative theory for the MNC's. They are seem to be bad for the developing countries because they sometimes use the resources of the country out of the limit and in future the country will suffer from the scarcity of resources.
Hence radicalism is the economic theory views MNC's as bad for the working class and developing world.
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The Middle East ( Syria , Iraq, Iran, Africa)
Answer: commercialization
Explanation:
Concept testing is the stage at which survey is being carried out for a particular product. This is done in order to know how consumers will accept a new product before such product is finally introduced to the market.
Since the product has passed the concept testing, the next step will be commercialization. This is when the product is then introduced and the business is managed in order to make profit.
