Answer:
1. What must the shareholders prove to recover?
The shareholders say that the Board of Directors had given Ovitz more as written in Employment Agreement. Ovitz had more incentives & other facilities as compared to other employees.
And that is unfair with the other employees. Because of this the shareholders had filed a complaint against the company about the remuneration of O.
2. What does the court say is the relationship between good corporate governance, liability, and business judgment?
The court has to decide that whether the Board of directors should be responsible for the decision-making process and wasting corporate assets or they have power and authority to do anything they want.
Rules of corporate governance of any company are mentioned in their terms and conditions and in this case the Board goes beyond the requirements and because of this liability of company will also increase.
3. What alternatives to litigation do shareholders have?
They have many alternatives;
1) Negotiation with the Directors
2) Dealing with small claims electronically.
3) Through Discussion
4) Involvement of some mediator
The correct answer is market price.
Market price is the price that you normally pay when you want to buy something. This price is usually higher than what the store that is selling it got it from the manufacturer, because it is buying the product in bulks. You as a consumer will have to pay this price when all discounts, allowances, and rebates are subtracted.
Answer:
Portfolio Return is 1.98%.
Explanation:
Weighted Average Return is used for to Calculate Portfolio's Return.
Portfolio Return = (-0.0134 * .3) + (0.0796 * .25) + (0.0088 * .45)
= -0.00402 + 0.0199 + 0.00396 = .01984 = 1.98%.
Answer:
B. $9,600
Explanation:
Calculation to determine the amount he or she will receive
Amount Received=(1000*$10)*[100%-( 5% contingent deferred -1%Decrease in sales charge)
Amount Received=$10000-(100%-4%)
Amount Received=$10000*96%
Amount Received=$9,600
Therefore he or she will receive $9600
