Caverun Co

question 13

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.

---

Definitions:

Outlook

A personal information manager software system from Microsoft, primarily used as an email application.

Attachment

A file sent along with an email message or added to a document; can include images, documents, or other media.

Preview

A feature in software that allows users to see how a document or image will appear before it is finalized or printed.

Electronic Mail

A method of exchanging messages between people using electronic devices, commonly known as email.