Labor and Capital Are Exchanged in the Resource Market

question 4

True/False

Labor and capital are exchanged in the resource market.

---

Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and interests in the company.

Annual Meeting

A yearly gathering of a company's interested shareholders where directors report on the year's activities and shareholders vote on various issues.

Proxy

A writing signed by a shareholder that authorizes the individual named in the writing to exercise the shareholder’s votes (corresponding to his or her shares of stock) at a shareholders’ meeting.

Annual Corporate

This term refers to yearly activities and obligations a corporation must fulfill, including financial reporting and meetings.