An Unusual Feature Relating to Corporate Governance at Snapchat Is

question 55

Multiple Choice

An unusual feature relating to corporate governance at Snapchat is that stock shares sold during its IPO

• A)were sold only to the company's early investors who had provided funds to the firm prior to the IPO.
• B)were sold only to the company's two founders.
• C)carried no voting rights for electing the board of directors.
• D)were sold only to its previously announced board of directors.

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Definitions:

Addictive Drugs

Substances that lead to a compulsive need to consume the drug despite harmful consequences.

Induce Feelings

To evoke or trigger emotions within an individual.

Euphoria

A feeling or state of intense excitement and happiness.

Opiates

Opiates are a class of drugs naturally derived from the opium poppy plant, commonly used for their pain-relieving properties, but they also carry a high risk of addiction.