________ Have the Same Status as Treaties but Do Not

question 44

Multiple Choice

________ have the same status as treaties but do not require U.S.Senate approval.

• A)International accords
• B)Multilateral initiatives
• C)Executive agreements
• D)Executive orders

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Definitions:

Cumulative Voting

A voting system that allows shareholders to concentrate their votes on a single candidate for the board of directors.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a company.

Preferred Stock

A class of ownership in a corporation with a fixed dividend that must be paid out before dividends to common stockholders and which typically does not have voting rights.

Ownership Interest

Refers to the rights and stake a person holds in a particular asset or business, often entailing voting rights and a share in the profits.