A Transferred Right to Vote Shares in a Reporting Issuer

question 12

Multiple Choice

A transferred right to vote shares in a reporting issuer is a

• A) plebiscite.
• B) bid.
• C) corporate ballot.
• D) proxy.
• E) absentee ballot.

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Definitions:

Outstanding Shares

The total shares of stock that are owned by shareholders, including restricted shares.

Rights Offering

A financial mechanism in which current shareholders are given the right to purchase additional shares of the company at a specified price before the shares are offered to the public.

Market Price

The present cost for purchasing or selling a good or service in a specific market.

Subscription Price

The set price at which existing shareholders can purchase additional shares of stock in a company, often during a rights offering.