Under Sec 351, Corporate Stock May Include All of the Following

question 17

Multiple Choice

Under Sec. 351, corporate stock may include all of the following except

• A)voting stock.
• B)nonvoting stock.
• C)stock warrants.
• D)qualified preferred stock.

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Definitions:

Insourcing

The practice of using an organization's internal resources to complete tasks or projects that could be outsourced to external providers.

Outsourcing

The business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees.

Offshoring

Moving production outside the home country.

Offset Agreement

An agreement wherein a supplier agrees to buy products from the party to whom it is selling in order to win the buyer as a customer and “offset” the buyer’s production costs.