The Procedure Which Has the Effect of Permitting Minority Participation

question 36

Multiple Choice

The procedure which has the effect of permitting minority participation in voting is called ____ voting.

• A) Proxy.
• B) Cumulative.
• C) Straight.
• D) Preferred.
• E) Freeze out.

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Definitions:

Pre-tax Salvage Value

The estimated value of an asset at the end of its useful life before taxes are taken into account.

Variable Costs

Expenses that change in direct proportion to the amount of goods or services produced, including costs for labor and materials.

Net Cash Inflow

The difference between a company's cash inflows and outflows over a specific period, indicating net cash earned.

Net Cash Outflow

The result when the cash outgoings (expenses, payments) of a business exceed the incoming cash flow over a specific period of time.