Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Law & Ethics Expert

problem 1: The amount received by a corporation for the issue of its shares is referred to as:

a. Authorized capital
b. Stated capital
c. Paid-up capital
d. Issued capital
 
problem 2: This shareholder remedy entitles a shareholder who is opposed to fundamental changes such as the sale of substantially all of a business’s assets to have the corporation buy his or her shares:

a. Dissent and approval
b. Derivative action
c. Winding up
d. Oppression

problem 3: Corporation A was issued a loan by Bank B. Corporation A is now claiming that its Chief Financial Officer did not have the authority to obtain the loan and therefore is refusing to honour the terms of this bank loan. Based on the indoor management rule:

a. Corporation A will not be bound by the loan because the CFO would not normally be involved in a borrowing transaction. 
b. Corporation A will be bound by loan since everything appears to have been done properly in the eyes of Bank B as an outsider.
c. Corporation A will be bound even if there was a restriction on the CFO’s authority to transact loans as long as Bank B did not know about this restriction.
d. Both B and C.
 
problem 4: In the case of a regulatory offence by a corporation involving a serious violation of health and safety legislation, the “guilty mind” in the burden of proof refers to the fact that:

a. There was a directing mind, a person in the corporation with responsibility to establish policy in that area, who failed to do so.
b. The directors did not take all reasonable care.
c. The directors should have known their conduct would result in the commission of an offence. 
d. The directors knew they were committing an offence and did so anyway.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M97147

Have any Question? 


Related Questions in Business Law & Ethics

The ucc and relaxing contractsthe uniform commercial code

The UCC and Relaxing Contracts The Uniform Commercial Code (UCC) is a group of laws governing commercial or business transactions throughout the United States. The UCC has made key changes to the common law principles of ...

Organized crime and criminal investigationrespond to the

Organized Crime and Criminal Investigation Respond to the following questions: What are the attributes of an organized crime group? What is R.I.C.O.? What types of groups have been prosecuted under R.I.C.O.? How are crim ...

Visit the united states consumer product safety commission

Visit the United States Consumer Product Safety Commission website. Click on Recalls. Choose one product that has been recalled. 1. Describe the product subject to recall, including the recall date, recall number, and th ...

Question 1 the seller can recover the purchase price for

Question 1 The seller can recover the purchase price for the goods only under certain circumstances, including when: The buyer accepts, but fails to pay for the goods. The goods are destroyed after risk of loss passes to ...

Essay homeland security technology and ethical issuesgiven

Essay: Homeland Security Technology and Ethical Issues Given your education in homeland security, you have been newly hired to work within the DHS Science and Technology Directorate. Your first assignment, intended to le ...

Assignment senior seminar projectyou chose correctional

Assignment: Senior Seminar Project You chose CORRECTIONAL FACILITIES a topic area and problem or challenge within that area. Throughout this course, you have researched the dynamics of the problem. The final piece of you ...

Canadian business law article assignment alw 381purpose

CANADIAN BUSINESS LAW ARTICLE ASSIGNMENT ALW 381 PURPOSE     The purpose of this assignment is to develop students' understanding of significant issues in Canadian business law and to further their research and analytica ...

Key playersgloria has now been in business for 2 years her

Key Players Gloria has now been in business for 2 years. Her business is called International Widgets, and she employs more than 300 people in the business headquarters. In the early stages of the business, she created a ...

Trials and verdictsin the scenarios and resulting

Trials and Verdicts In the scenarios and resulting simulations, Tim Smith, senior criminal lawyer, discusses select cases and asks a paralegal to indicate which courts would have exclusive jurisdiction of the cases in qu ...

1 in no more than two 2 pages and citing materials we

1. In no more than two (2) pages and citing materials we covered this semester, discuss the constitutional protections for freedom of expression developed within the defamation regimes in the United States and England wi ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro