PolyProduction Inc

question 60

Multiple Choice

PolyProduction Inc. has two classes of common stock. Class A has 5 million shares with 10 votes per share. Class B has 5 million shares with 1 vote per share. If the dividends per share are equal for both class A and B stock, then Class A shareholders have ________ of the votes and ________ of the dividends.

• A) 90.91%; 90.91%
• B) 90.91%; 50.00%
• C) 50.00%; 50.00%
• D) 83.33%; 33.33%

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Definitions:

Commercial Transaction

An exchange of goods, services, or funds between parties in a business context.

Social Inequality

The uneven distribution of resources, opportunities, and rights among different social statuses and groups in a society.

Group Autonomy

The right or condition of self-governance by a group, often within a larger political or social entity, that allows the group to manage its own affairs independently.

Mutual Obligation

A concept in social policy where the rights of individuals to receive certain benefits or support are conditioned upon their performance of specific duties or behaviors.