Which of the following is true with regard to the election of directors?

a. Normally, each shareholder has the number of votes as listed in the bylaws.

b. Under the Revised Act, cumulative voting rights for shareholders are mandatory.

c. Shareholders elect directors twice a year at the biannual shareholder's meeting.

d. Under the Revised Act, directors are elected by a plurality of the shareholder votes.


d

Business

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Alexander does not accept his classmate’s argument that same-sex couples should not be allowed to marry because this belief strongly contracts his beliefs. Alexander’s thoughts about this issue reflect his latitude of ______.

a. noncommitment b. understanding c. acceptance d. rejection

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Marketing managers often use in-store promotions to stimulate the sales of products for which consumers may not recognize their wants until they are in a store. Such products can be categorized as _____ products

a. industrial b. low-involvement c. technical d. high-priced

Business

Describe how a civil case is commenced and how it proceeds through the court system. Be sure to use appropriate terminology in describing the various stages of a lawsuit

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The use of which of the following valuation methods, utilized in valuing common stock, is superior since it considers expected earnings?

A) Liquidation value B) Book value C) P/E multiple D) Present value of the interest

Business