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:

Convex

A shape or function where a line segment joining any two points on its graph lies above or on the graph, often associated with optimization problems in economics.

Indifference Curve

A graph that shows different combinations of two goods between which a consumer is indifferent, reflecting equal levels of utility or satisfaction.

Avocados

A fruit rich in healthy fats, potassium, and vitamins, often used in culinary preparations for its creamy texture and mild flavor.

Grapefruits

A large, round citrus fruit with a bitter to semi-sweet flavor, commonly used in breakfasts and salads.