Describe cumulative preferred stock.
What will be an ideal response?
Cumulative preferred stock is stock whose dividends accumulate from year to year when dividends are not declared. If dividends are declared, the preferred shareholders must first be paid both current year and any dividends in arrears before the common shareholders can be paid dividends.
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Jodie's brother is a director at Trip Corporation. He calls her and says that Trip's earnings, not yet announced, will be up by 75 percent and that Jodie should buy Trip's common stock. Under these circumstances, Jodie:
A. cannot trade because she is the relative of an insider. B. can trade because she obtained public information from an insider. C. can trade because the information will eventually be made public. D. cannot trade because she is not an insider.
Bennett's Platinum Rule states:
a. do unto others as you would have them do unto you. b. do unto others as they would have done unto them. c. do unto others before they do unto you. d. he who holds the gold makes the rules.
Which of the following decision-making techniques is best for a group that wants to avoid face-to-face confrontations?
a. Delphi technique b. Ringi technique c. Nominal group technique d. Stepladder technique
Before entering into a conflict, you should ask yourself, ____.
A. is the conflict worth the cost? B. is the conflict justified? C. is the conflict petty? D. is the conflict your fault?