Corporate social responsibility refers to the actions of an organization that target the achievement of a social benefit over and above maximizing profits for its shareholders and getting all of its legal obligations.

a. true
b. false

Answer: a. true

Business

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Ivor borrowed $420,000 from Lear Bank. At Lear's request, Ivor entered into an agreement with Ash, Kane, and Queen for them to act as co-sureties on the loan. The agreement between Ivor and the co-sureties provided that the maximum liability of each co-surety was: Ash, $84,000; Kane, $126,000; and Queen, $210,000. After making several payments, Ivor defaulted on the loan. The balance was $280,000. If Queen pays $210,000 and Ivor subsequently pays $70,000, what amounts may Queen recover from Ash and Kane?

A. $0 from Ash and $0 from Kane. B. $42,000 from Ash and $63,000 from Kane. C. $70,000 from Ash and $70,000 from Kane. D. $56,000 from Ash and $84,000 from Kane.

Business

In the XBRL Statement B, how many decimal places are in the amount?

XBRL Statement B 450000 A) 4 B) 2 C) 5 D) 0

Business