emorybachman123
Jennifer owns stock in Tiffany’s. She has the right to vote on…
Jennifer owns stock in Tiffany’s. She has the right to vote on company issues, she must be given access to the Corporate Statement and the Annual Report. She has the right to vote for the Board of Directors. Wha type of stock does she own?
A. Common
B. Class B
C. Preferred
D. Dividend
Which of the following purchases goods and services for personal or household use?
A. Entreprenuer
B. Manager
C. Labor
D. Consumer
The franchisee supplies
A. The required Training for the franchised Business
B. a known and advertised retail name
C. The required materials for the franchised business
D. Labor and capital and owns and operates the outlet
______ is a necessary and extremely important element of free enterprise?
A. A monopoly
B. Socialism
C. Communism
D. Competition
Which of the following is an advantage of the corporate form of organization?
A. Both the corporation and its stockholders are taxed on profits retained and distributed
B. Protection from personal liability
C. More Public strutiny
D. Fewer Stakeholders
A detailed, written description of initial public offering, is called a(n)”
A. Annual Report
B. Investors Analysis
C. Stock Offerings
D. Prospectus
If Nike and Apple joined together to produce a digital running shoe, this would be called a(n)”
A. Cooperative
B. Joint Venture
C. Combined Corporation
D. S Corporation
“29. Legally, a partnership must”
A. Have at least one limited partner
B. Have at least one general partner
C. Make all owners general partners
D. Not have any general partners
“43. Alicia places a limit order to buy Macy*s stock at $45 per share, GTC. This order is in effect”
A. Forever
B. For one day
C. Until it is cancelled
D. Until the close of the market
A system where distribution of wealth is controlled by a centralized government is referred to as a _________ economy.
A. Planned
B. Capitalistic
C. Mixed
D. Laissez-faire
38. A hostile takeover is a situation in which
A. the management and board of directors of the targeted firm disapprove of the proposed merger.
B. Stockholders are paid a golden parachute
C. the targeted firm is totally dismantled to avoid the merger.
D. the government makes the decision that the corporate raider can purchase the targeted firm.
13. China has a communist political system: its economic is actually a good example of a
A. Mixed Economy
B. Communistic Economy
C. Capitalist Economy
D. Market Economy
Terry Lundgren, the former President of Macy*s serves on the Proctor and Gamble board of directors. How did Mr. Lundgren get this position?
A. He volunteered for the assignment
B. He was appointed to the position by the CEO
C. He was assigned to the position by the FTC
D. He was elected by the company’s stockholders
31. All of the following are advantages of the partnership form of organization except
A. Unlimited Liability
B. Retention of profits
C. Combined skills and knowledge
D. Better access to capital and credit than a sole proprietor would have.
46. What is the advantage preferred stock?
A. It is the type of stock that most investors would rather have
B. It pays a fixed dividend
C. This stock is available only to select individuals associated with the company
D. This stock provides voting rights
12. Which of the following is not one of the four states included in a typical business cycle?
A. Repression
B. Peak
C. Growth
D. Recession
Mergers ad Acquisitions create ______unemployment.
A. Stuctural
B. Frictional
C. Seasonal
D. Cyclical
