The Shareholders That Are Eligible to Vote for the Board

question 59

Multiple Choice

The shareholders that are eligible to vote for the board of directors of a company are:

• A)all shareholders holding more than 1,000 shares.
• B)all shareholders who attend the annual general meeting.
• C)all shareholders holding voting shares.
• D)all preference shareholders.

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Definitions:

Batting Cages

Enclosed areas designed for practicing batting skills in baseball or softball, usually equipped with pitching machines.

Fixed Assets

Long-term tangible assets used in operations and not expected to be converted to cash in the short term, such as buildings and machinery.

Accumulated Depreciation

The cumulative depreciation expense recorded for an asset from the time it was brought into service.

Current Market Values

The present value of an asset or company based on what it could be sold for in the current market.