Mary buys 500 shares of common stock in National Company. As a shareholder of record, Mary owns a proportionate interest with regard to corporate
a. control only.
b. earnings only.
c. net assets only.
d. control, earnings, and net assets.
a. control only.
b. earnings only.
c. net assets only.
d. control, earnings, and net assets.
d. control, earnings, and net assets.
Begründung:
"Common stock represents the true ownership of a corpoaration. It provides a proportionate interest in the corpoartion with regard to:
1. CONTROL, 2. EARNINGS, 3. NET ASSETS"
Begründung:
"Common stock represents the true ownership of a corpoaration. It provides a proportionate interest in the corpoartion with regard to:
1. CONTROL, 2. EARNINGS, 3. NET ASSETS"
Tags: Stocks
Source: p. 111, 1. Absatz nach Überschrift
Source: p. 111, 1. Absatz nach Überschrift
Eve and Fred are holders of common stock in Green Grocers, Inc. (GGI). Like other holders of common stock, they may be said to have a residual position in the overall financial structure of GGI, because they
a. are entitled to a dividend not received by other classes of shareholders.
b. are the last to receive payment for their investment.
c. have first priority to any assets of the company if it becomes insolvent.
d. none of the above.
a. are entitled to a dividend not received by other classes of shareholders.
b. are the last to receive payment for their investment.
c. have first priority to any assets of the company if it becomes insolvent.
d. none of the above.
b. are the last to receive payment for their investment.
Begründung:
"In terms of receicing returns on their investments, holders of common stock are the last in line"
Begründung:
"In terms of receicing returns on their investments, holders of common stock are the last in line"
Tags: Stocks
Source: p.112, 2. Absatz
Source: p.112, 2. Absatz
Nick purchases 100 shares of common stock in Open Source Company. As a shareholder of record, Nick will own a proportionate interest with regard to corporate
a. control only.
b. earnings and net assets only.
c. control, earnings, and net assets.
d. none of the above
a. control only.
b. earnings and net assets only.
c. control, earnings, and net assets.
d. none of the above
c. control, earnings, and net assets.
Begründung:
Common stock represents the true ownership of a corporation. It provides a proportionate interest in the corporation with regard to
1. control
2. earnings and
3. net assets
Begründung:
Common stock represents the true ownership of a corporation. It provides a proportionate interest in the corporation with regard to
1. control
2. earnings and
3. net assets
Tags: Stocks
Source: p.111, 1. Absatstz nach Überschrift
Source: p.111, 1. Absatstz nach Überschrift
Flashcard set info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010
Tags: Exam Year 1
Card tags:
All cards (125)
? (1)
2nd Absatz (2)
Business Trust (2)
Conversion (1)
Defamation (1)
Dissolution LP (1)
Distributorship (2)
Domestic (1)
First sentence (2)
Franchise (1)
Joint venture (2)
last sentence (1)
LLC (1)
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Partnerships (1)
point 2 (1)
Preferred Stock (1)
Preferred stocks (1)
Self-defense (1)
Slander of Title (1)
Stocks (3)
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