Equity Claims Representing Ownership of the Net Income and Assets

question 68

Multiple Choice

Equity claims representing ownership of the net income and assets of a corporation that receive a fixed dividend before common stockholders are entitled to anything are called

• A)mutual funds.
• B)preferred stock.
• C)common stock.
• D)corporate bonds.

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Definitions:

Republished

Issued or produced again, especially with the aim of reaching a wider audience or correcting previous issues.

Taft-Hartley Act

Federal legislation designed to curtail some of the powers that unions had acquired under the Wagner Act; designates certain union actions as unfair. Also called Labor-Management Relations Act.

Restrictions

Limitations or conditions placed on actions, activities, or agreements, often aimed at regulating behavior or use.

Unionization

The process of organizing workers into a union, a collective entity that negotiates with employers for better terms and conditions of employment.