In the late 1960s a shareholder of the company that owned the Chicago Cubs baseball team sued the company because the directors refused to install lights in Wrigley Field. The court decided that the directors
a. had a rational purpose for not installing lights and were not liable for doing anything improper.
b. were not protected by the business judgment rule.
c. had not acted with any rational purpose and were liable to its shareholders for damages caused by their actions.
d. had the right to make decisions for the team without any concern for the desires of the shareholders.
a
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Which of the following arranges export financing payment methods in descending order starting with the most secure/reliable and ending with the least secure/reliable?
A) sales on open account?cash in advance?documentary credit (L/C)?documentary collection (draft) B) documentary credit (L/C)?sales on open account?documentary collection (draft)?cash in advance C) documentary collection (draft)?documentary credit (L/C)?cash in advance?sales on open account D) cash in advance?documentary credit (L/C)?documentary collection (draft)?sales on open account E) none of the above
This is considered "at the heart" of person-focused pay programs
A) innovation B) management C) training D) data