Caverun Co

question 79

Multiple Choice

Caverun Co. has two classes of stock. The company may:

• A) issue stock warrants, which are short-term options to buy shares.
• B) issue stock rights, which are long-term options to buy shares.
• C) not use stock options to make one class of stock more attractive than the other.
• D) use stock options and warrants, the form and content of which are determined by the board of directors, to supplement compensation plans for directors, officers, and employees.
• E) Both issue stock warrants, which are short-term options to buy shares  and also  issue stock rights, which are long-term options to buy shares.

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Definitions:

Packet

A piece of data sent over a computer network.

Electronic Data Interchange

The electronic transfer of data between organizations in a structured format that allows for automated processing.

EDI

Electronic Data Interchange, a standard for exchanging business documents and data electronically between business partners.

Retinal Scanning

A biometric technique that involves analyzing the pattern of the retinal veins in the back of the eye for identification purposes.