The board approves a proposed amendment to deny existing preemptive rights to Class A preferred, and to issue stock in a new Class D preferred that would be accorded liquidation preference after all other classes of preferred stock. Preferred Classes B and C would remain the same. Which of the following would be true?
a. Only Class B and C shareholders vote.
b. A majority of Class A, B, and C shareholders all together would be needed to pass the amendment.
c. Class B and C shareholders would not be entitled to vote at all.
d. Class A and C shareholders would vote together.
b
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Travis proposed the purchase of a new Minolta copier to his boss. Amir said that he has always used and liked Xerox copiers, but when he thinks about it later he realizes he does not really feel strongly about it. Amir should adopt a(n) ______ conflict-handling style.
A. avoiding B. collaborating C. compromising D. forcing E. accommodating
Data currency is preserved in a centralized database by
a. partitioning the database b. using a lockout procedure c. replicating the database d. implementing concurrency controls
An emerging economy is one which ________
A) imports large amounts of finished textiles and automobiles B) offers few market opportunities for imported goods C) consumes all or most of its output D) needs few imports of raw textile materials and steel E) has a rapid growth in manufacturing
In the periodic inventory system, purchases of merchandise for resale are debited to the Purchases account
Indicate whether the statement is true or false