The Governor of Texas Is Constitutionally Allowed to Serve

question 44

Multiple Choice

The governor of Texas is constitutionally allowed to serve

• A) 2 four-year terms.
• B) unlimited terms.
• C) a single four-year term.
• D) 3 two-year terms.

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Definitions:

Annual Dividend

The total dividend payment a shareholder receives from a stock over the course of a year.

Dividends Increasing

A situation where a company's dividend payouts are rising over time, often indicating financial health and profitability.

Cumulative Voting

A voting system in corporate governance that allows shareholders to allocate all their votes to one candidate, enhancing minority shareholders' ability to elect their preferred board member.

Shares Outstanding

The total number of a company's shares that are held by all its shareholders, including share blocks held by institutional investors and restricted shares.