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NEW QUESTION: 1
Davis, a director of Active Corp., is entitled to:
A. Unilaterally grant a corporate loan to one of Active's shareholders.
B. Serve on the board of a competing business.
C. Rely on information provided by a corporate officer.
D. Take sole advantage of a business opportunity that would benefit Active.
Answer: C
Explanation:
Choice "c" is correct. As a director of the corporation Davis may rely on information provided to him/her by
a corporate officer. A corporate director is under no obligation to verify information given to him by
management (corporate officers).
Choice "a" is incorrect. A director is not entitled to serve on the board of a competing business.
Doing so would be a breach of fiduciary duty.
Choice "b" is incorrect. A director may not take sole advantage of a business opportunity that would
benefit the corporation. Doing so would be a breach of fiduciary duty.
Choice "d" is incorrect. A director may not unilaterally grant a corporate loan to one of the corporation's
shareholders. Directors generally must act through a majority vote at a directors' meeting.

NEW QUESTION: 2
A team of developers is creating a process application. Which statement is correct regarding the differences that the developers will encounter between the desktop Process Designer and the web Process Designer?
A. Client Side Human Services and Heritage Human Services can be edited in the web Process Designer and the desktop Process Designer.
B. Multiple users can work simultaneously on the same process applications and artifacts in the two editors and changes happen automatically and seamlessly.
C. When a developer clicks the 'Open in Designer' link in the Process Center, the desktop Process Designer opens by default.
D. A developer will not be able to open artifacts in the desktop Process designer once they are opened in the web Process Designer.
Answer: B
Explanation:
Explanation/Reference:
Reference: https://www.ibm.com/support/knowledgecenter/en/SSFPJS_8.5.7/ com.ibm.wbpm.wle.editor.doc/topics/proc_designer.html

NEW QUESTION: 3
Which is a main element of the risk management practice?
A. Implementation of an effective escalation path to the relevant portfolio governance body
B. Preparation of a Portfolio Management Framework
C. Adoption of the champion-challenger' model
D. Introduction of a summary investment appraisal template
Answer: A