Abigail and Pamela both have stocks in the Rondante Group. However, if in the future the company goes out of business, Pamela will have a claim on the assets of the company before Abigail. Also, she is given higher priority when the company pays the dividends to all its stockholders. Unlike Abigail, Pamela is a _____.

A. value stockholder
B. growth stockholder
C. preferred stockholder
D. common stockholder


Answer: C

Business

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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2015 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2015 . Park paid the amount due on June 13, 2015. Who is responsible for payment of the transportation costs on the

merchandise sold by Jay Zee Music to Park? a. Jay Zee Music Company b. Park, Inc. c. Split equally between the two companies d. Cannot be determined from the information provided

Business

Business products are

A. purchased for personal consumption. B. chosen on the basis of preferences expressed by a business procurement department. C. purchased for both their functional aspects and their psychological rewards. D. classified according to their characteristics and intended uses. E. not purchased by nonbusiness organizations.

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The types of product defects that have traditionally been recognized in product liability law include inadequate warnings.

Answer the following statement true (T) or false (F)

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The Estimated Revenues control account of a government is credited when: Budgetary accountsare closedRevenues arerecordedA)YesNoB)NoNoC)NoYesD)YesYes

A. Choice A. B. Choice B. C. Choice C. D. Choice D.

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