When a Corporation Calls in Its Outstanding Shares and Issues

question 18

Multiple Choice

When a corporation calls in its outstanding shares and issues more than one new share in exchange for each old share, this is a:

• A) Reverse share split.
• B) Cash dividend.
• C) Liquidating dividend.
• D) Share dividend.
• E) Share split.

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Definitions:

Management Success

Often measured by an individual's ability to achieve organizational goals through effective planning, organizing, leading, and controlling resources.

Need for Affiliation

The desire to form close personal relationships and be part of a group.

Friendly Relations

Interpersonal connections characterized by mutual respect, positive regard, and cordiality, often contributing to a positive working environment.

Acquired Needs Theory

A theory that suggests people are motivated by their desire to achieve, gain power, or affiliate with others.