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:

Nitrification

A microbiological process by which ammonia is oxidized to nitrate ions, an essential step in the nitrogen cycle.

Nitrogen Fixation

The process by which atmospheric nitrogen is converted into a form usable by plants, often facilitated by bacteria.

Assimilation

The process by which living organisms integrate nutrients from their environment into their own biological processes.

Assimilation

The process by which living organisms integrate nutrients from their environment to carry out biological functions.