A near Classic Example of "Cross-Subsidization" Existed in

question 29

Multiple Choice

A near classic example of "cross-subsidization" existed in

• A) phone rates before AT&T was broken up.
• B) the Interstate Commerce Commission habit of permitting railroads to charge more for the short haul than the long haul.
• C) allowing savings banks to compete with commercial banks.
• D) All of the above.

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Definitions:

Ordinary Proxy

A standard proxy that grants another individual the right to vote shares on behalf of the shareholder at a company's annual meeting.

Model Business Corporation Act

A set of model laws prepared to provide a standard for the governance of corporations, which individual states may adopt or modify.

Voting

The act of expressing a choice or decision in an election or other formal decision-making process.

Straight Voting

A method of voting in corporate elections where shareholders must assign all of their votes to one candidate for each vacancy.