In most states, a corporation may, with shareholder approval, limit or eliminate the liability of directors for some breaches of the duties which they owe to the corporation.

Suppose that the introduction of a preventive maintenance program is deemed cost effective. Which of the following is most likely true if the cost to actually perform preventive maintenance is very expensive?

A) high standard deviation in MTBF
B) low standard deviation in MTBF
C) low Cost to Repair
D) Repairs carry little non-monetary consequences.
E) The system never fails.

If gross investment is less than depreciation,then net investment is ____________ and the economy is ____________.

A) positive,expanding
B) positive,shrinking
C) negative,expanding
D) negative,shrinking

Revolution Hardware reported $300, 000 of inventory on December 31, 2010, based on a physical count.
Additional information is as follows:
Required:
Compute the correct amount of December 31, 2010, ending inventory for Revolution Hardware.

The ___ involves a set of activities and events that begins with identification of a problem, includes making a decision, and ends with the evaluation of results.

A) control process
B) organizing process
C) leading process
D) decision-making process
E) negotiation process

Time Zone sells Gary an iWatch for $4,000 by representing it has a real gold case and watch band.Later,Gary finds that the iWatch case and band are just polished with golden color,and the watch could be bought in the local store for $100.Gary can sue Time Zone for:

A) consequential damages.
B) exemplary damages.
C) nominal damages.
D) speculative damages.