Multiple Choice
A manager who is directly responsible for compliance with federal water quality statutes would be liable under the __________ for toxic waste spilled into the river over a period of six months.
A) Revised Model Business Corporation Act.
B) federal organizational sentencing doctrine
C) corporate opportunity doctrine.
D) responsible corporate officer doctrine.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Officers are generally not liable to the
Q2: The stockholders of the Apex Corporation attended
Q3: Ping was the president and chairman of
Q4: Under the responsible corporate officer doctrine a
Q5: Although officers may be agents of the
Q7: The business judgment rule is a defense
Q8: Which of the following is an incorrect
Q9: Extraordinary matters requiring shareholder votes include all
Q10: The sale of corporate assets outside the
Q11: If an officer diverts a corporate opportunity,