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Duty of care by violation of the business judgment rule Duty of loyalty by self-dealing Duty of obedience by competing with the corporation Duty of loyalty by usurping a corporate opportunity 4.) If a corporate officer in the position of secretary intentionally takes over the powers provided to the treasurer in the corporate documents, what fiduciary duty does that corporate secretary breach? Duty of care Duty of good faith and fair dealing Duty of obedience Duty of loyalty 5.) Under what system of corporate voting by shareholders can a minority shareholder achieve success in electing someone to the board of directors? Straight voting Cumulative voting Absentee voting Proxy voting 6.) In 1970, Congress established an administrative agency to enforce statutes enacted to protect the air and water of this country. What is the name of this agency? Environmental Protection Agency Army Corps of Engineers Agency National Ambient Air Quality Standards Agency Air Quality Control Agency 7.) In order to protect wildlife that may be subject to scarcity, which Executive Branch cabinet member designates which species of wildlife may be endangered or threatened?
Secretary of the Interior Secretary of Health and Human Services Secretary of Commerce Secretary of Homeland Security 8.) Tuff-Steele Constructions, Inc. has not been adhering to appropriate worker safety rules. As a result, there have been an increased number of on-site accidents and several construction workers have sustained serious injuries. Which of the following powers will allow an administrative agency to bring agency proceedings against Tuff-Steele Constructions? Licensing Judicial authority Rulemaking Executive power 9.) Unless otherwise stated in the articles of incorporation, a quorum to hold a meeting of the shareholders is generally defined as which of the following? The number of registered shareholders eligible to vote at a given time A committee of directors selected to vote on a corporation action A majority of shareholders required to be present to vote on a corporate action The number of shareholder votes necessary to pass an action 10.) The Sarbanes-Oxley Act is intended to increase the confidence of the public and investors through increasing which of the following? Corporate veil Separation of powers Director complacency Corporate governance 11.) Which of the following is likely to be a breach of a corporate officer’s or director’s duty of care?
Page 1 and 2: LAW 531 Week 6 Quiz LAW 531 Week 6
Page 3 and 4: a court in the plaintiff’s countr
Page 5: Write an explanation for each brief
Page 9 and 10: Express, applied, and apparent Expr
Page 11 and 12: Discuss horizontial and vertical re
Page 13 and 14: Which of the following are protecte
Page 15 and 16: The employee must decide whether to
Page 17 and 18: Daily Bugle are limited to sitting
Page 19 and 20: Select one legal case from a curren
Page 21 and 22: Luke went to Larchmont, Inc.’s we
Page 23 and 24: John can file a negligence lawsuit
Page 25 and 26: Malicious intent is required for a
Page 27 and 28: made the product unreasonably dange
Page 29 and 30: Write a case brief using the IRAC m
Page 31 and 32: LAW 531 Week 2 DQ 1 LAW 531 Week 2
Page 33 and 34: where the Revised Uniform Limited P
Page 35 and 36: To contest the local court rules To

LAW 531 Online Help,LAW 531 Course Tutorials,LAW 531 UOP Guide

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