How does the creation of restricted shares contradict the tenant that ownership in a corporation implies control?
What will be an ideal response?
Non-voting shares are common shares without voting privileges, while restricted shares involve some
limit on voting, for example only one vote for every 10 or 100 shares owned. The creation of these types
of shares allows management or majority owners to control the corporation by concentrating voting power
in the hands of a few friendly shareholders. The result is ownership (or stake) without control (or
influence), and the fundamental tenet that ownership entails control is contradicted.
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The application of mental and behavioral self-leadership strategies can lead to team members being:
a. more self-directed and self-motivated b. more self-motivated c. more focused on natural rewards d. more focused on natural rewards and more self-motivated
What questions can be asked in a job interview regarding criminal record and what cannot?
What will be an ideal response?
Crosson Corporation operates its factory 300 days per year. Its annual consumption of Material Y is 1,200,000 gallons. It carries a 10,000 gallon safety stock of Material Y and its lead time is 12 business days. Refer to Crosson Corporation. If the EOQ for Material Y is 30,000 gallons, and the carrying cost per gallon per year is $.25, what is the total annual carrying cost for Material Y?
a. $3,750 b. $7,500 c. $6,250 d. $10,000
A ________ is a distinct form of draft drawn on a financial institution and payable on demand
A) promissory note B) check C) deed D) letter of credit