The Only Real Power Shareholders Have in a Corporation Is

question 16

Multiple Choice

The only real power shareholders have in a corporation is to

• A) control stock splits and dividends.
• B) fill a sudden vacancy on the board of directors.
• C) elect the board of directors.
• D) manage the ownership of the company.
• E) give the directors guidelines in the investment of capital.

Analyze the challenges posed by globalization on the Canadian labour market.

Conceptualize the relationship between trends and countertrends within environmental scanning.

Develop Strategic HR planning responses to environmental threats and opportunities.

Understand the importance and concepts of HR forecasting in organizational planning.

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Definitions:

Renunciation

The formal rejection of a claim, right, or possession, usually involving a legal or official declaration.

Forbear

To refrain from enforcing a right or claim, or to abstain from doing something.

Unilateral Contract

A contract in which one party makes a promise in exchange for the other party's performance, rather than a promise in return.

Prior Unenforceable Obligations

Refers to commitments or agreements that were not legally binding or couldn't be enforced due to certain conditions or deficiencies in their formation.