Clanston Corp., a steel manufacturing giant, announces its plans to merge with another steel manufacturing company, Tralesta Corp. Peter is a major stockholder in Clanston Corp., and his experience suggests that the merger is not going to be a profitable one. Which of the following basic shareholder rights must Peter use to express his disapproval of the merger?
A. Trading rights
B. Entitlement to a residual claim on assets
C. Entitlement to dividends
D. Voting rights
Answer: D
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What would be an easy way a company could discourage unethical behaviors by its employees?
A) Have a zero tolerance policy so anyone suspected of unethical behavior would be immediately terminated. B) Require all potential hires to have completed a privately-conducted ethics course before submitting their applications for employment. C) Allow employees to unionize so their actions will be dictated by the union. D) Change the Employee of the Month program to celebrate the employee with the fewest ethical violations. E) Write up their ethical code, refer to it as a company value in the employee handbook and on the website, and ask management to adhere to it strictly to lead by example.
In placing a tire order with Michelin, North Side Industrial Supply finds that the truck tires it is ordering have increased $37.50 in price since the last order. North Side proceeds with the order, confident that it can pass on the price increase to future customers. This is an example of business products having ____ demand.
A. derived B. inelastic C. joint D. fluctuating E. higher
For a risk-averse manager, the required return increases for an increase in risk
Indicate whether the statement is true or false
A senator wants to estimate the mean age of registered voters in her state. Unfortunately, she does not have a complete list of households in her state. Describe a sampling plan that would be suitable for her purposes