A Credit-Card Sized Plastic Card with an Embedded Microprocessor Chip

question 71

Multiple Choice

A credit-card sized plastic card with an embedded microprocessor chip with the ability to store, process, and output electronic data in a secure manner is called a(n) :

• A) smart chip.
• B) smart card.
• C) e-credit card.
• D) secure card.

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Definitions:

Existing Stockholders

Individuals or entities that currently own shares in a company.

Subscription Price

The cost at which existing shareholders can buy additional shares of a company, often at a discount.

Rights Offering

A financial mechanism by which companies offer existing shareholders the right to buy additional shares directly from the company at a predetermined price, usually at a discount, before the shares are offered to the public.

Value Of A Right

In finance, the value associated with a right, such as a stock right, which is the value to buy additional shares at a discounted price.