Question

16. The New Jersey Supreme Court decided, in the case of A.P. Smith Manufacturing v. Barlow,...

16. The New Jersey Supreme Court decided, in the case of A.P. Smith Manufacturing v. Barlow, the legal question of:

A. Whether corporations could give to charity.

B. Whether corporations could give paid vacation time to employees.

C. Whether employees of corporations could give to charity.

D. Whether employees of corporations were entitled to paid vacation time.

Business   Operations-Management   
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Answer #1

Question 16: Option A

Explanation: A.P. Smith Manufacturing was incorporated in the year 1896 and was manufacturing and selling valves, fire hydrants, and special equipment, mainly for water and gas industries. The company has been contributing to the local community chest and the Newark University after which the board of directors decided to direct the Princeton University that was questioned but the stockholder and thus resulted in a trial. The president of the company testified that the contribution to the philanthropic and benevolent institutions will gain goodwill in the community but the stockholders were objecting as there was no great need for it and other similar private institutions.

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