For purposes of shareholders meetings, what is considered a majority vote?

A. The majority of the shares represented at a shareholder meeting where there is a quorum.
B. The vote of ½ of all outstanding shareholders.
C. The vote of 90 percent of shareholders who make up a quorum.
D. The vote of 2/3 of all outstanding shareholders.
E. The vote of at least 10 percent of shareholders total.


Answer: A

Business

You might also like to view...

What is a firm offer?

What will be an ideal response?

Business

The UN Security Council has _______ members, including the permanent and rotating memberships.

Fill in the blank(s) with the appropriate word(s).

Business

When comparing a firm to its peers, why is it difficult to determine the industry to which the firm belongs?

Why should you be careful when comparing a firm with industry norms? What will be an ideal response?

Business

Which of the following are not typically found on a balance sheet?

A) Monetary assets B) Mortgage interest payments C) Home's current market value D) Interest earned on a CD E) Both B and D

Business