A Two-Party System

question 91

Multiple Choice

A two-party system

• A)is one in which there are only two legal parties.
• B)is one in which only two parties have a reasonable chance of winning.
• C)is one in which control of government is divided between two political parties.
• D)tends to exist mostly in European democracies.
• E)is one in which there are only two legal parties and tends to exist mostly in European democracies.

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Definitions:

Shareholders

are individuals or entities that own shares in a corporation, giving them a stake in the company's ownership and sometimes influencing its governance.

Illegal Dividend

A dividend declared and distributed by a company when it is not legally permissible to do so, either due to financial insolvency or violation of statutory requirements.

Shareholder

An individual or entity that owns shares in a corporation, thereby holding a portion of the company's stock and potentially benefiting from its profits in the form of dividends.

Preemptive Right

A shareholder’s option to purchase new issuances of shares in proportion to the shareholder’s current ownership of the corporation.