Various laws and contracts govern the rights and obligations of a shareholder. Which of the following is true?
a. Each type of capital stock has its own provisions on voting matters, only.
b. Each type of capital stock has its own provisions on sharing in earnings matters, only.
c. Each type of capital stock has its own provisions on distributing assets generated by earnings matters, only.
d. Each type of capital stock has its own provisions on sharing in assets in case of dissolution of the firm.matters, only.
e. Each type of capital stock has its own provisions on such matters as voting, sharing in earnings, distributing assets generated by earnings, and sharing in assets in case of dissolution of the firm. .
E
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a. In-house b. Outsourced c. Hybrid d. Customer service department based
Which of the following statements about life income settlement options is (are) true?
I. Under a joint-and-survivor life income option, payments cease at the death of the first annuitant. II. Under a life income with guaranteed period, a contingent beneficiary is guaranteed a minimum number of payments regardless of when the primary beneficiary dies. A) I only B) II only C) both I and II D) neither I nor II
If a person who has been declared incompetent by the courts enters into an agreement, that agreement is void, because it does not meet all the requirements of a binding contract
Indicate whether the statement is true or false
A common carrier is absolutely liable for loss or damage to goods in all of the following situations except:
?A) incidents arising from the inherent nature of the goods B) incidents involving a public enemy. C) incidents involving acts of God D) incidents involving mechanical breakdown of the vehicle.