If You Own 1,000 Shares of Common Stock of a Firm

question 31

Multiple Choice

If you own 1,000 shares of common stock of a firm and there are five directors being elected, what is the maximum number of votes you can cast for a particular director under cumulative voting?

• A)5,000
• B)1,000
• C)200
• D)5

Recognize the importance of stepping back or taking a break (incubation effect) in solving complex problems.

Learn the significance of language and framing in influencing thought and decision-making.

Know the role of cognitive styles in problem-solving and decision-making processes.

Understand strategies for fostering creativity and overcoming mental fixedness and unnecessary constraints in problem-solving.

---

Definitions:

Term Deposit

A banking term for a fixed-term investment held at a financial institution where money is locked in for a certain period of time, earning a specified interest rate.

Simple Interest

Interest calculated only on the principal amount, or original sum borrowed or invested, without compounding.

Maturity Value

The total amount payable to an investor at the end of a fixed-term investment, including both principal and interest.

Term Deposit

A bank deposit that has a fixed term and typically earns higher interest than regular savings accounts.