* **** is legal ** *** necessarily ******* *** **** ** ******* is not *********** legal

*****

******

* *** ****** ******* ** corporate governance is about *** to get managers’ ********* well ******* with *** ***************** interests

True

******

* ********* ** ************** ******

results *** ***** *** ***********

******* action arises **** doing ********* *****

duties *** ******* ** rational ********

emphasis ** on what ** *** fair *** ** ********** ***** ***** * group ** *******

****** give ** ******* ****** ** ********** in ******** *** security

* ***** ** the ********* ** true ********* ** Aristotle *** *** ****** ********

Aristotle ******** that ** *** ******** was ***** ** **** **** ** ********* **** no ******* was ******** among ***** ***** ** ******

Aristotle ******** ****** ******** *** **** ** *** ************** ******* ** humans ** ******* ** ***** species

********* is ****** according ** passive use ** *******

*** emphasis ** ****** ****** *** ********* been ******** ***** **** ********* ** ***** ***** ** the utilitarian and ************* ********** ** *******

Happiness ****** be ********** **** *******

* The ************* fiduciary duty refers ** ******

*** **** ** ******** ** ******** ******* ** employees

the ******* prescribed ****** ***** **** ***** employment *********

*** moral **** managers have ** *** ** *********** agents ** the *******

******** ********* hostile takeover *****

******** ******** ** number

6 ***** ***** companies ******* *** **** that ****** and ********** must ** **** in hand **** ****** ******* and ************* ************

****** contract

*********** *******

********* ***********

****** *******

***********

* It ** possible to ****** ************* ******* ******* ********* ** ** even ********* that *********** *** **** created

*****

False

* *********** ** limited ** * direct association ******* ***** *******

*****

******

* * ***** is *** *********** ** *** ** **** ****** ******** on a ******** ** ********* *** profit

******* ********* ********

******

partnership

***************

****** *************

** *** ******* of a ******** firm ** * ***** person with existence *** ************** ******** **** *** ****** ***** from _____

entity theory

********* *******

********** *******

conduit *******

appropriation *******

** The ******* *********** *** *** *** ******* Uniform *********** *** ** *** dictate **** ********* ***** ******** must be

*****

******

** *** ******* Uniform *********** *** (RUPA) ********* requires *** judgment ******** ** ******* the ***************** ****** ****** ***** ***** *** separate assets of * ********

*****

******

13 *** ******** **** *** ******** *** **** ** be ******* and ********* ****** ***** **** ******* *********** *** ***** *** ******* ******* *********** *** ****** and *** ********* *** ********** *** *** or more partners

*****

False

** ***** is *** ******* duty of good ***** *** ***** imposed ** ******** ** ** each other and *** *****

************ duty

******* *****

****** duty

******* duty

********* duty

** A ***** ***** **** directs a *********** to *** * ************* judgment creditor *** ************ **** the ******* would normally receive ** ****** ******

doctrine ** estoppel

order ** relief

proof ** ******

*********** bond

******** ******

** Sub-S ************ ******* liability partnerships *** limited ********* ******* ************ *** all *********

*****

******

** *** *********** *** imposed ******** liability ** the ******** because ****** **** ** ** more ******* **** they *** ********** ****** *** ***** *** ******** *** *** *********

*****

******

** *** original source ** ******* *********** law ** *** _____ **** *** ******* ** *****

Uniform Limited *********** *** (ULPA)

Revised ******* ******* *********** ****

******** ********** of ************* on ******* Laws

********* ****

******* Liability Partnership ****

** ** ** required that the ******* ********* company ***** ******* **** a ***** with *** ********* ** *** state ****** its *********

certificate of ***** ********

*********** of organization

certificate of ultra vires

certificate ** derivative action

*********** ** ****** ********

20

**** *** ******* ********* ******* (LLC) is ******* ******* _____
***

members **** actual *** apparent ********* ** **** *** *** to ********* ** its ******* all

****** ***** **** equal ******** ***********

******* **** have duty ** **** *** ********* ***** only

managers **** *** ***** ********* ** **** the ***** firm

decisions **** *** ************* *** be taken **** ** *** ******* members
**

*** ********* **** ******* * ******** ******* recognized ********* ****** *** ******* *** ****** ****** *** *********** from ******** liability
*****

******

22

Failure ** ****** ********* *********** *** subject stockholders ** personal ********** True

******

**

******** the particular ***** in ***** ** incorporate ** *** ***** ******** decision to ** **** ***** ******** ** ************ *****

******

**

Public ************ are **** ***** ** ***** ************* *******

***** S

**********

*************

**********

**

** ******* *** be **** ******** ****** *** *** ***************** ********* ** the *********** ********** ** *** **** that ** ** *** *** ** ********* about *** *****

False

**

************ *** ********* ** ***** amend *** repeal the corporation’s ******* *****

******

**

*** ************** *** ** **** ****** that * corporate ******* or * director ****** ** ***** without a particular ******* *****

******

28

* majority ** the ******* ** *** ***** *********** a ****** ****** *** articles ** incorporation ******* * ****** ******* *****

******

**

*** among *** ********* have little decision ****** ********* ** a corporation?
*

************* ********* *

************* ********* *

************* ******** *

************* ******** *

************* ************ **

*** _____ doctrine ** a ******** holding **** ******* legal consequences ****** ** ** ******* ** a *********** ** ***** *** acts **** *** ******* *** lawful ******* promissory

estoppel
********

*********** ******

purpose
*****

****** inter

****** 31

Drafters ** the ******* *** ***** the *** ** * common-law policy ******* ********** *** ***** ************* on ************ True

False

32

*** Clayton *** was ******* ** **** ** **** *** ********* ** *** Sherman Act
*****

******

33

Like the ******* *** *** ******* Trade Commission *** is * civil ******* ********* no criminal ********** *****

******

34

Possessing * monopoly is not *** ** ********* *****

******

**

The ******* ********* *** ** 1890 *** ****** **** forbid

combinations in restraint of trade and monopolizing
forbid

********* **** interacting **** workers ** *** ******* sector *** ****** labor ******* *****

the ********* ** yellow-dog ********** set

enhanced ********* *** *** US public ******* ****** ********** *** ****** accounting ****** limit

*** ********* ** ******* **** *********** **

***** is * ****** **** ** ***** ** * **** into ******* *********** ***** ***** the **** *** exercised *** ******** power
*************

************

******

*****

*********** Abatement

**

The ***** ********* ** ******* ***** ********** ****** ** **** it gauges ********* **** *** ********* ** *********** by the ******* ****** *** by *** **** ************** *****

False

**

** * **** *** ********* *** * ******* on * ************** ******** ******* ** purchase the product *** ******** ***** ** ********** ** ********** True

******

39

*** Federal Trade Commission can ***** a ******* ** ****** or ****** * deceptive ***** ***** *****

******

**

** *** ***** *** ** **** ******** *** *** first time ********* a ******* ****** ** *********** and ***** **** of unfair ************ *******

Protective ******** *******

********* *********** *******

***** *********** *******

*** *********** Training
Federal

******* **************

Click here to download attached files:
Seaport BUSC110 Quiz 3.doc