Due care in EC is those actions that a company is reasonably expected to take based on the risks affecting its business and transactions
Indicate whether the statement is true or false
TRUE
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A manufacturer buys peas for vegetable pies from two cooperatives. The price per unit is $6 from cooperative A and $5.50 per unit from cooperative B. The manufacturer needs at least 12,000 units of peas
Cooperative A can supply up to 8000 units, and cooperative B can supply at least 6000 units. Develop constraints for these conditions. What will be an ideal response?
Why in general do financial managers make financial decisions in a corporation, rather than the owners making these decisions themselves?
A) It is best for the control of the finances of a corporation to be in the hands of a disinterested third party. B) The interests of the various owners may conflict with each other. C) The owners may not be U.S. citizens or residents. D) There are often many owners, and they can often change as they buy and sell stock.