Which of the following securities can be converted into common stock?
A. Proxy stocks
B. Growth stocks
C. Preemptive stocks
D. Founders' shares
E. Preferred stocks
Answer: E
You might also like to view...
Which of the following does the design of a MUS sample not require the auditor to determine?
a. Risk of incorrect acceptance. b. Inherent risk. c. Ratio of expected misstatement to tolerable misstatement. d. Ratio of tolerable misstatement to the total population value.
Functional benchmarking
A. is useful when researching industry-specific standards. B. endeavours to determine best practices regardless of industry. C. restricts the search for best practices to competitors. D. is not very useful for organizations with a divisional organizational structure.
Which of the following is a valid tender offer rule?
A) The offer cannot be closed after 20 business days after the commencement of the tender offer. B) The offer cannot be extended if the tender offeror increases the number of shares it will take or the price it will pay for the shares. C) Any increase in price paid for shares tendered must be offered to all shareholders, including those who have previously tendered their shares. D) A shareholder who tenders his or her shares loses the right to withdraw them prior to the closing of the tender offer.
A union contract provision that requires employees to join the union after a certain amount of time on the job is known as a(n):
A. Closed shop clause. B. Union shop clause. C. Agency shop clause. D. Open shop clause.