Which of the Following Requirements Must Be Met for a Redemption

question 34

Multiple Choice

Which of the following requirements must be met for a redemption to be treated as substantially disproportionate?

• A)The shareholder must own less than 50% of the outstanding stock (in terms of voting power)after the redemption.
• B)After the redemption, the shareholder must own less than 80% of his percentage ownership of voting stock prior to the redemption.
• C)After the redemption, the shareholder must own less than 80% of his percentage ownership of common stock (voting and nonvoting)prior to the redemption.
• D)All of the above must be met.

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Definitions:

GLOBE Model

is a research paradigm that investigates the relationship between societal culture, organizational culture, and leader effectiveness across the world.

Cultural Dimensions

Conceptual frameworks that describe the impact of a society’s culture on the values of its members, and how these values relate to behavior.

Collectivism Group

A societal or organizational culture that emphasizes the priority of group goals over individual goals and values interdependence among its members.

GLOBE Model

A framework used in cross-cultural psychology and management to understand the impact of culture on various aspects of leadership and organizational behavior.