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TABLE 4-9 A Survey Conducted by the Segal Company of New York

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TABLE 4-9
A survey conducted by the Segal Company of New York found that in a sample of 189 large companies, 40 offered stock options to their board members as part of their non-cash compensation packages. For small- to mid-sized companies, 43 of the 180 surveyed indicated that they offer stock options as part of their noncash compensation packages to their board members.
-Referring to Table 4-9, if a company is selected at random, what is the probability that the company is small to mid-sized or offered stock options to their board members?


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Petty Offense

In criminal law, the least serious kind of wrong, such as a traffic or building code violation.

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The bicameral legislative body of the United States federal government, consisting of two chambers: the Senate and the House of Representatives.

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Illegal acts that violate the laws of the federal government of a country, as opposed to state or local laws.

Misdemeanor

A criminal offense considered less serious than a felony, typically punishable by fines, community service, or short-term imprisonment.

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