Which of the following statements about shares of a corporation is TRUE?

A) All shares issued by a corporation must have voting rights.
B) All shares can be voted by proxy
C) All shares must be equal, none can have a preference
D) All shares can be converted into bonds
E) Both C and D

B

Business

You might also like to view...

Which of the following statements is TRUE when a national currency can be undervalued?

A) They change occasionally. B) They can result in a trade surplus. C) They remain highly stable. D) They cannot be quantified.

Business

Antonius accidentally runs over his friend Shaq while Shaq is walking across the street. The police declare the accident to be Antonius' fault. Where could Shaq have his injuries covered?

A) Antonius' PAP Medical Payments Coverage B) Antonius' PAP Liability Coverage C) Shaq's PAP Medical Payments Coverage D) Both B and C

Business