Question $26(1$ point$)$

$$ Saved

Daisy is a director of Excavation Corporation. She opposes an offer to merge Excavation with Fill Inc. because she would lose her board position. Daisy is most likely liable for breach of

the duty of care.

the business judgment rule.

the duty of loyalty.

$$ none of these choices.

Question $27(1$ point$)$

$$ Saved

Buhn owns and operates Freitag Delivery Service as a sole proprietorship. When she dies, the business will atutomatically

dissolve.

transfer to Ling's heirs.

reform with its employees as the owners.

transfer to its creditors.

Question $28(1$ point$)$

$$ Saved

Reihl Raceway LLC licenses the trademarks to its products to Stewart Stadium Markets Inc, to reproduce on clothing and other goods for sale. This is

$$ a franchise.

none of the choices.

a partnership.

$$ a sole proprietorship.