Which of the following is not true?
a. Convertible preferred shares give the holder of preferred shares the right to convert the preferred shares into a specified number of common shares under certain specified conditions.
b. Convertible preferred shares require the holder of preferred shares to convert the preferred shares into a specified number of common shares under certain specified conditions.
c. Convertible preferred shares provide the security holders with the possibility of capital appreciation by converting the preferred shares into common shares if the market price of the common shares rises sufficiently.
d. Convertible preferred shares provide the security holders with a relatively assured dividend.
e. Convertible preferred shares provide the security holders with a claim that is senior to that of common shareholders.
B
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Subjects of covert operations are protected against unreasonable breaches of privacy under the ______ of the constitution
a. Fourth Amendment b. Fifth Amendment c. Second Amendment d. Seventh Amendment
Swap contracts are used to hedge
A. derivatives. B. foreign currency exposure. C. sales performance. D. covered positions.
Under the Clean Air Act
a. California was granted special permission to set stricter pollution standards than the federal standards. b. all states must follow federal automobile emission standards. c. the states must each set automobile emission standards, which must then be approved by the EPA. d. states were given the option of following federal standards or adopting their own stricter standards.
Gas stations and fast food that often cluster conveniently at the bottom of freeway ramps are examples of:
A. information utility. B. ownership utility. C. form utility. D. place utility.