A Modification to the Company Charter That Requires 75 Percent

question 33

Multiple Choice

A modification to the company charter that requires 75 percent shareholder approval for a merger is called a

• A)majority voting amendment.
• B)cumulative voting amendment.
• C)proxy voting amendment.
• D)supermajority amendment.

Examine the influence of productivity and the price of final products on resource demand.

Discuss the concepts of substitution and output effects in resource employment.

Evaluate the impact of market and economic changes on the demand for labor and resources.

Understand the concept of marginal revenue product (MRP) and its importance in determining the demand for factors of production.

---

Definitions:

Seat Belts

Safety devices designed to secure the occupant of a vehicle against harmful movement that may result during a collision or a sudden stop.

Mean Number

The mean value obtained from a series of numbers, determined by adding all the numbers together and then dividing by the total number of values in the series.

Safety Roadblock

A preventative measure set up temporarily on roads to enhance safety by controlling traffic flow, reducing speed, or preventing access to certain areas.

First Serves

In tennis, the initial serve attempt in a point; this serve, if successful, can set the tone for the remainder of the play.