A Firm Has 200 Shareholders, You Among Them

question 58

Multiple Choice

A firm has 200 shareholders, you among them. Each shareholder owns $20 worth of stock. In addition, Mr. Hostile owns 50 shares (for a firm total of 250 shares) and is trying to fire the
Management. In an attempt to buy him off, management has offered to buy Mr. Hostile's
Shares for $28. What will the new share price be?

• A)$30
• B)$10
• C)$28
• D)$18

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Definitions:

Eastern

Referring to the regions, cultures, or characteristics of the East, often in context of geography, like Asia, or in comparison to the Western world.

Western

Pertaining to or characteristic of the cultures, institutions, and thought originating from or associated with Europe and North America.

Anthony Giddens

A British sociologist who developed the theory of structuration and wrote extensively on contemporary society, modernity, and globalization.

Samuel Huntington

An American political scientist known for his "Clash of Civilizations" theory, which posits cultural and religious identities as the primary sources of global conflict.