Which of the Following Represents One of the Basic Rights

question 120

Multiple Choice

Which of the following represents one of the basic rights of stockholders?

• A) Stockholders can maintain their proportionate ownership if the corporation issues new stock.
• B) Stockholders may sell their stock back to the company if they wish.
• C) Stockholders may authorize a business contract on behalf of the corporation.
• D) Stockholders may determine at what price the company issues stock.

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Definitions:

Permanently Replaced Strikers

Workers who go on strike and are then permanently replaced by the employer, a situation possible under certain labor laws, notably in the United States.

Hot Cargo Agreements

Agreements between labor unions and employers that prohibit the employer from handling, using, or dealing with goods produced by a company targeted by a union boycott.

Monopolies

Market structures in which a single seller dominates trade in a good or service, often leading to reduced competition and higher prices.

Sole Bargaining Agent

The exclusive union designated to represent and negotiate on behalf of all employees in a bargaining unit, regardless of union membership.