____________________ Is the Assignment of Various Functions,such as Human Resources,accounting,or

question 70

Short Answer

____________________ is the assignment of various functions,such as human resources,accounting,or legal work,to outside organizations.

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Definitions:

Voting Rights

The right of shareholders to vote on corporate matters, typically exercised during annual general meetings.

Common Stock

Equity securities representing ownership shares in a corporation, with voting rights and potential dividends.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends.

Preemptive Right

The right of the stockholder to purchase additional shares of stock to maintain a proportionate interest when the corporation issues additional stock.