This Type of Authority Is Based on Customs That Justify

question 41

Multiple Choice

This type of authority is based on customs that justify the position of the ruler.

• A) religious
• B) traditional
• C) charismatic
• D) democratic
• E) rational-legal

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Definitions:

Dissenting Shareholders

Shareholders who disagree with certain corporate actions, such as mergers, and have rights that can protect their interests, including the right to receive fair payment for their shares.

Monetary Compensation

Financial payment made to compensate for loss, injury, or suffering.

Right to Vote

The entitlement of individuals to participate in the election of government officials and in making decisions in referendums.

Shareholder Approval

A form of consent required from shareholders before a company can undertake certain corporate actions.