Match the Terms with the Definitions

question 3

Multiple Choice

Match the terms with the definitions.
-Stock that has certain preferences or rights superior to common stock.

• A)authorized stock
• B)board of directors
• C)bylaws
• D)premium
• E)capital stock subscription
• F)preferred stock
• G)paid-in capital
• H)cumulative preferred stock
• I)dividends
• J)double taxation
• K)outstanding stock
• L)no-par stock

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Definitions:

Undue Influence

An excessive or improper pressure exerted on someone, undermining their free will in making decisions.

Duress

A condition where a person performs an act as a result of violence, threat, or other pressure against them.

Voidable

A term referring to a legal agreement or transaction that may be declared invalid by one of the parties due to certain defects or irregularities.

Voidable

Voidable is a legal term describing a contract or transaction that may be valid but can be annulled by one of the parties due to certain deficiencies.