Odell,Prince,and Quinn Are Shareholders of Rite Corporation

question 42

Multiple Choice

Odell,Prince,and Quinn are shareholders of Rite Corporation.Before a shareholders' meeting,they agree in writing to vote their shares together in a certain manner.Usually,such agreements are held to be

• A)invalid and unenforceable.
• B)oppressive and irresponsible.
• C)suspect and voidable.
• D)valid and enforceable.

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Definitions:

Initiators

Individuals or groups who identify a need and the potential purchase process begins, setting the buying process in motion within an organization.

Course Management Systems

Software applications that provide the framework and tools needed for online learning and instruction management.

Autocratic

A leadership style characterized by individual control over all decisions and little input from group members.

Buying Center Culture

The collective norms, values, and practices of the group of individuals within an organization who participate in the purchasing decision process.