Employees cannot be expected to follow policies and procedures of which they are unaware

In an option agreement to purchase price at which the property would be sold must be established:

A. At closing. B. When the option is exercised. C. When the option agreement is created and signed. D.. Anytime during the option period.

What is a derivative lawsuit?

A) An action brought by a shareholder or shareholders on behalf of the corporation when the board of directors does not file the suit B) An action brought by the officers against the directors C) An action brought by the board of directors on behalf of the corporation D) An action brought by a majority of the board of directors against an individual board member E) An action brought by shareholders against the corporation