Roy, a director of Service & Sales Corporation, does not attend a board meeting for three years. During that time, Terry, the firm’s president, makes improper loans that cost the company $10 million. Roy is most likely liable for breach of ___.

In a limited liability company, ____ own the firm, and their ownership is called ____.

Roadwork Company employs two hundred workers full-time. If Roadwork plans a mass layoff, it must provide its employees with notice of at least​ ___.

Which of the following is not a reason that an agency can be terminated by operation of law?

In addition to voluntary dissociation, a general partner can be dissociated from a limited partnership in which of the following ways?  Select all that apply.

Cathy buys an exclusive territory in which she is authorized to set up a plant to make Delite Dairy products. After receiving the recipes, Cathy begins making Evie’s-brand yogurt and other Delite products. This is​ ___.

Ethan, a former employee of Fiber Optics, Inc., is currently unemployed. To collect unemployment compensation, Ethan must​ ___.

Avery wants to go into business as Boom! to make and market fireworks. When deciding which form of business organization would be most appropriate, Avery would normally take into account all of the following except​ ___.

Craig, Donna, and Eve do business as Fast-Track Career Consultants. Eve’s relationship to Fast-Track ends, but the firm continues to do business. This is​ an example of ___.

Which of the following would be a legitimate (legal) reason to trespass on someone’s land?