Allison is president of “We Manage You,” a corporation set up to manage physician practices. Allison has never been very concerned with minority shareholders because she believes that they have little influence over the company since they cannot even elect a director. She is told, however, that her state just instituted the practice of cumulative voting. An election is coming up in which 10 directors will be elected. Minority shareholders own 2,000 shares, while majority shareholders own 8,000 shares. Allison tells her vice president, Marco, that she wants to ignore minority shareholders and focus her interests on majority shareholders and the directors. She also tells Marco that she wants to be particularly conscientious toward directors because the directors appoint officers, and she does not believe that she owes any actual duties to shareholders. She further orders Marco to destroy some documents subpoenaed in a criminal investigation against the company for illegal dumping. When Marco protests, Allison tells him not to worry because officers cannot be held responsible for criminal actions so long as the actions are done as part of the duties of an officer. She explains to him that only the corporation can be charged with liability in such cases. Is Allison correct that officers cannot be held criminally responsible for actions they take on behalf of a corporation?
Which one of the four main types of tissue regulates and con…
Which one of the four main types of tissue regulates and controls body functions through generation and propagation of electrical impulses called action potentials?
“Power plant”; produces most of the cell’s ATP through aerob…
“Power plant”; produces most of the cell’s ATP through aerobic (oxygen-consuming) cellular respiration. This description fits that of _______________________.
One of the four main types of organic compounds in human cel…
One of the four main types of organic compounds in human cells; made up of C, H, and O with H and O in a 2:1 ratio; main function is as cellular fuel, but a few also have structural functions. This description matches that of ____________________.
Both phagocytosis and pinocytosis are types or varieties of…
Both phagocytosis and pinocytosis are types or varieties of _____________________.
Each one of the ___________ cavities houses a lung.
Each one of the ___________ cavities houses a lung.
[Gaming Merger] Calvin and Daniella each own 5% of GamePower…
Calvin and Daniella each own 5% of GamePower, a video game design company. GamePower is seeking to merge with GameKing, and before a shareholder meeting, Calvin and Daniella email all other shareholders and corporate representatives about their disagreement with the proposed transaction. At the shareholder meeting, they vote against the merger with GameKing, but, 90% of the shareholders vote in favor of the merger. Calvin tells Daniella that it is not fair that they are forced to be part of GameKing. Daniella tells him they have no choice, so get used to it. Which of the following statements is true about procedures for appraisal rights of dissenting shareholders?
Connective tissues are made up of cells and extracellular ma…
Connective tissues are made up of cells and extracellular matrix; the extracellular matrix in turn is made up of ground substance and fibers. Which one of the following IS NOT a type of fiber found in connective tissues?
One of the four main types of organic compounds in human cel…
One of the four main types of organic compounds in human cells; made up of C, H, and O with H and O in a 2:1 ratio; main function is as cellular fuel, but a few also have structural functions. This description matches that of ____________________.
Each one of the ___________ cavities houses a lung.
Each one of the ___________ cavities houses a lung.