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Sunland Corporation issued dividends to its shareholders. Each shareholder was aware that the corporation would be insolvent and unable to pay its creditors following the dividend distribution. Philibus Co. was one such creditor. Under the Model Business Corporation Act (MBCA), primary liability to Philibus Co.: A. lies with the shareholders because they received the distribution from the corporation with knowledge of the impending insolvency. B. does not lie with the shareholders because they can never be held liable to creditors of the corporation. C. lies with the directors because they authorized the unlawful distribution of dividends D. does not lie with the directors because it is their duty to place the interests of the shareholders above everything else. E. None of the above answers is correct.
Describe the problem facing the organization that's related to diversity. Discuss why this is a problem. Discuss the impact of this issue on the well-being of their employees. What are the potential ramifications if the organization doesn't correct t..
The Crunchy Potato Chip Company sells chips in boxes with a net weight of 30 ounces per box (850 grams). Each box contains ten individual 3-ounce packets of chips. The standard deviation of the packet-filling process is 8.0 grams per box. Is the pack..
MNEs confront primarily two sets of pressures: cost reduction and local responsiveness. These two sets of pressures are dealt with in the integration-responsiveness framework, which allows managers to deal with the pressures for both global integrati..
a business system as defined by georgetown university is a combination of people and automated applications organized
What are the standard operating procedures that can be established to help ensure a safe and healthy work environment?
Managers are affected by the organizational environment, and help to create it. Their role is instrumental in a successful organizational culture. In this week’s class discussion, you will define the manager’s role as it relates to various organizati..
southwest us campus book store sells course packs for 15 each the variable cost per pack is 9 fixed costs to produce
For your organization, or for one with which you are familiar, identify the factors that operate in its general and specific environments. How does this understanding influence the effectiveness of an organization?
An entrepreneur is negotiating the sale of her company. She is genuinely optimistic about the future prospects of her fast-growing business. The buyer, who truly likes the company, is much more skeptical about its future cash flow. Suggest some solut..
Research business practices and labor issues in Brazil, South Africa, Turkey, or Japan (choose one location). Discuss the advantages and disadvantages of planning a project in this country. Use specific examples to support your opinion of why you wou..
Is there an inherent conflict between ethical behavior and the pursuit of profit? What criteria do you consider when you make this judgment? Is the term business ethics an oxymoron?
Analyze the quality cost information by computing a sales dollar base index for Farwest Sales, Inc., in the Excel workbook C8Data.xls.Prepare a memo to management explaining your findings and conclusions.
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