Which of the following are rights of stockholders?
A) To share in the firm's profits after all other creditors have been satisfied
B) To be guaranteed a dividend
C) To decide whether or not to pay taxes on capital gains
D) To vote for directors, but never on specific issues
E) To avoid losses when the firm's prospects decline
A
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Which of these would be the best example of a limited pay life insurance policy?
A) Whole life policy that pays out its cash value over a 20 year period B) Whole life policy with premiums paid up after 20 years C) Term life policy that returns cash value after 20 years D) Term life policy with premiums paid up after 20 years
Benchmarking relies on statistical sampling to locate errors by testing some of the items in a production run
Indicate whether the statement is true or false.