For a Person Who Owns 60% of the Voting Stock

question 101

Multiple Choice

For a person who owns 60% of the voting stock in a majority voting system, the percentage of the Board of Directors he can elect is

• A) 20
• B) 40
• C) 60
• D) 100

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Definitions:

Unemployment Insurance Claims

Unemployment insurance claims are applications filed by individuals seeking financial assistance after losing their jobs, as part of a governmental program designed to provide temporary income support.

Employee Benefits

Non-wage compensation provided to employees in addition to their regular salaries or wages.

Increasing Cost

A situation where the price of goods or services rises over time, affecting consumer behavior and economic strategies.

Payroll Inserts

Documents or messages included with employee paychecks, commonly used to communicate organizational news, policies, or updates.