Business Finance 3
- Created by: mustafaali1838
- Created on: 15-01-20 07:40
Other questions in this quiz
2. A proxy contest is typically one in which:
- Board attempts to gain control from the Directors
- Board attempts to gain control from the shareholders
- Outsiders attempt to gain control from management
- Management attempts to gain control from the Directors
3. System of electing a board of directors where each director is voted on separately is known as:
- Superma
- Majority voting
- Cumulative voting
4. A warrant grants its holder the right to do which one of these prior to a specified date?
- Convert debt into a specified number of shares
- Sell common shares at a predetermined price
- Purchase shares at a predetermined price
- Exchange stock for bonds at a specified price
5. Accounting break-even level of sales is where:
- Variable costs are covered
- Fixed costs, variable costs, and depreciation are covered
- Fixed costs are covered
- Fixed and variable costs are covered
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