Question: Please answer all the questions Amazon and Google merged and the merger is a disaster. The combined new company lost 80% of value after the
Amazon and Google merged and the merger is a disaster. The combined new company lost 80% of value after the merger, Sarah, a shareholder in Google before the merger, sues the Google Board of Directors for agreeing to the merger. The Board's best defense is: Business judgment rule b. Duty of loyalty c. Fraud d. None of the above ABC Corp. wants to dissolve. In order to do so in most states, it must get the approval of: The Board of Directors b. c. Both a and b above d. Neither a nor b above Shareholders The Federal Aviation Administration (FAA) announced a substantive rule. Which of the following is true regarding substantive rules created by an administrative agency? a. It does not have the force of law and is only used as a guideline b. Violators can be held criminally liable for violating it c., Substantive rules are exempt from judicial review The cases that have been assigned for reading in this class are generaily classified as: b. c. d. Superior court decisions District court decisions Appellate decisions None of the above The most common form of business ownership in the United States is: a. General partnership b. Limited partnership Limited liability company d. Sole proprietorship 11. In Massachusetts, who determines when the statute of limitations on a malpractice claim against an accountant starts to run? a. The judge because it is a question of law b. The jury because it is a question of fact c. The appellate court because it creates an error of law d. The person filing suit
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