In Nearly Every State,citizens

question 53

Multiple Choice

In nearly every state,citizens

• A)must remember to register to vote well before the election.
• B)can register to vote on Election Day.
• C)do not need to register to vote until they decide to a ballot.
• D)must register to vote at least three months prior to an election.

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Definitions:

Voting Shares

Shares that give the shareholder the right to vote on company matters, such as electing directors and approving major company decisions.

Net Assets

represent the residual interest in the assets of an entity after deducting its liabilities.

Fair Market Value

An estimate of the price at which an asset would change hands between willing buyers and sellers in an arms-length transaction.

Book Value

The net value of a company's assets, subtracting liabilities from the total assets, often used to determine a company's worth.