In Addition to a Possible Fine,the Penalty for Commission of a First

question 32

Multiple Choice

In addition to a possible fine,the penalty for commission of a first degree felony in Texas is incarceration in the state prison for a term of years between:

• A)2 and 20.
• B)5 and 99.
• C)3 and 5.
• D)2 and 10.

Understand the rights and restrictions related to shareholders' ownership and transfer of shares.

Be aware of the mechanisms for addressing breaches of fiduciary duties and oppressive conduct in corporate governance.

Recognize the procedures and legal frameworks for the election and removal of directors.

Understand the rules regarding shareholder meetings and participation.

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Definitions:

EPS

Earnings Per Share, a financial ratio that measures the amount of profit attributed to each outstanding share of a company's common stock, indicating the company's profitability.

Dividends

Distributions issued to shareholders by a company, typically sourced from the organization's earnings.

Repurchase

Also known as a buyback, it is a company's decision to buy its own shares from the marketplace, potentially raising the value of remaining shares.

Tax Advantages

Financial benefits derived from tax laws that reduce the amount of tax to be paid by allowing certain deductions, credits, or deferrals.