Which of the Following Is True

question 27

Multiple Choice

Which of the following is true?

• A) Voting trusts and voting agreements both require the transfer of stock certificates to a trustee.
• B) In a voting trust,the shareholder grants the trustee the right to vote the shares,but in a voting agreement,the shareholders vote their own shares.
• C) Voting agreements,but not voting trusts,must be accompanied by proxies executed by the shareholders.
• D) Voting trusts are irrevocable,while voting agreements can be either revocable or irrevocable.
• E) Voting agreements cannot extend for more than 10 years.

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Definitions:

Determination

The firmness of purpose or the resolve to achieve a goal despite obstacles or difficulties.

McGregor's Theory X

A management theory that assumes employees are inherently lazy and will avoid work if they can, requiring strict supervision and control.

Financial Incentives

Monetary rewards given to motivate employees, increase productivity, or achieve certain business goals.

Herzberg's Theory

A framework in management psychology developed by Frederick Herzberg that differentiates between motivation factors that increase job satisfaction and hygiene factors that, if inadequate, can cause job dissatisfaction.