Johanna breese, a graduate student from carnegie mellon, connected with the culture of madagascar when she created lamba hoany (a native garment) with artful messages to save the more than 150 rare species of animals that inhabit madagascar. in contrast to many americans trying to do business abroad, johanna successfully adapted her message to the native culture when she imprinted it on the native garment.
a. true
b. false

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.