Priority Shares

question 12

Multiple Choice

Priority shares:

• A)give the holders certain rights,such as being able to appoint a representative to the board of directors,or veto a proposal at an annual general meeting.
• B)restrict voting power of an investor to a specified percentage of shares,irrespective of the actual shareholding.
• C)issued by former state-owned enterprises,give the government beneficial powers,such as veto capability against new shareholders.
• D)are securities that have an equity ownership stake without voting rights.

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Definitions:

Polar

Describes a molecule with an uneven distribution of electron density, leading to a partial positive charge on one side and a partial negative charge on the other.

Nonpolar

A type of chemical bond or molecule that does not have distinct electrical poles, resulting in even distribution of electrical charge.

Lewis Structure

A diagram illustrating the bonding between atoms in a molecule and the lone pairs of electrons that may exist.

Boric Acid

A weak, monobasic Lewis acid of boron often used as an antiseptic, insecticide, flame retardant, or in making other chemicals, represented as H3BO3.