Many Interest Groups Produce "Scorecards" That

question 13

Multiple Choice

Many interest groups produce "scorecards" that

• A)add up the number of positive and negative news stories about issues of importance to that group.
• B)measure the length of time it takes for a bill to become a law.
• C)track which policies are most popular with members of the public.
• D)rate how members of Congress vote on issues of importance to that group.

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Definitions:

Freeze-Out Acquisition

A strategy used in mergers and acquisitions where a majority shareholder forces out minority holders to take full control of the company.

Share Split

Traditionally, a corporation’s dividing existing shares into two or more shares, thereby increasing the number of authorized, issued, and outstanding shares and reducing their par value. In modern corporation law, treated like a share dividend. Also called stock split.

Total Fairness Test

A legal standard used to evaluate the overall fairness and equity of a corporate action or decision, especially in mergers and acquisitions.

Straight Voting

A form of voting for directors that ordinarily permits a shareholder to cast a number of votes equal to the number of shares he or she owns for as many nominees as there are directors to be elected. See also cumulative voting.