What does "Ben & Jerry's law" do?
A)It requires that the company's ice cream use only non-GMO ingredients.
B)It gives the firm's directors the legal protection to reject a takeover offer based only on financial grounds.
C)It gives the firm's directors the legal protection to accept a takeover offer based only on financial grounds.
D)It requires that CEOs be paid no more than 20 times the average pay of all other employees.

Question

Quizplus · Accepted Answer

"Ben & Jerry's law" allows directors of a company to reject a takeover offer not just on financial grounds but also based on social, environmental, and corporate responsibility criteria. This reflects Ben & Jerry's commitment to social values alongside profit.

What Does "Ben & Jerry's Law" Do