Which of the Following Is a Control Right

question 33

Multiple Choice

Which of the following is a control right?

• A)the right of shareholders to elect the members of the board of directors
• B)the right of bondholders to receive interest payments
• C)the right of shareholders to receive the liquidated value of the assets of the firm after all prior claims are settled.
• D)Both B and C are control rights.

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Definitions:

Inimitability

The quality of being impossible to copy or imitate, often contributing to a competitive advantage.

Organizational Behavior

studies how individuals and groups interact within a company and how these interactions affect the organization's functioning.

MacroEconomics

The branch of economics that studies the behavior and performance of an economy as a whole, focusing on broad phenomena like inflation, national income, and unemployment.

Employee Connections

The relationships or networks developed between employees within an organization, which can impact morale, communication, and teamwork.