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Questions and Answers
Which type of stock has preferences over common stock in terms of dividend distribution and corporate assets?
Which type of stock has preferences over common stock in terms of dividend distribution and corporate assets?
- Class A shares
- No par value shares
- Preferred stock (correct)
- Founders’ shares
What kind of dividends is paid directly to stockholders in the form of cash?
What kind of dividends is paid directly to stockholders in the form of cash?
- Stock dividends
- Property dividends (correct)
- Bond dividends
- Scrip dividends
Which category of shares is generally offered to foreign shareholders?
Which category of shares is generally offered to foreign shareholders?
- Par value shares
- Class B shares (correct)
- Founders’ shares
- Class A shares
What type of dividend is in the form of promissory notes indicating future benefits that stockholders will receive?
What type of dividend is in the form of promissory notes indicating future benefits that stockholders will receive?
Which type of shares are usually given to incorporators?
Which type of shares are usually given to incorporators?
What does a bond represent in financial terms?
What does a bond represent in financial terms?
What kind of dividend is in the form of promissory notes indicating the kind of benefits the stockholders shall be entitled to receive in the future?
What kind of dividend is in the form of promissory notes indicating the kind of benefits the stockholders shall be entitled to receive in the future?
Which kind of dividend is paid in cash to the stockholders?
Which kind of dividend is paid in cash to the stockholders?
What is the advantage of a corporation that has a separate judicial personality?
What is the advantage of a corporation that has a separate judicial personality?
In corporate governance, which body is considered the highest governing body of a corporation?
In corporate governance, which body is considered the highest governing body of a corporation?
What type of financial instrument represents a loan made by the lender to a borrower?
What type of financial instrument represents a loan made by the lender to a borrower?
Which type of dividend is in the form of non-cash assets of the corporation?
Which type of dividend is in the form of non-cash assets of the corporation?
What type of corporation is limited to selected persons or members of the company?
What type of corporation is limited to selected persons or members of the company?
What voting method allows a stockholder to cast votes equal to the number of shares owned multiplied by the number of directors to be elected?
What voting method allows a stockholder to cast votes equal to the number of shares owned multiplied by the number of directors to be elected?
Which type of stock represents the basic ownership in a corporation with all the basic rights of a share of stock?
Which type of stock represents the basic ownership in a corporation with all the basic rights of a share of stock?
In a non-stock corporation, how many votes can every member cast for each candidate?
In a non-stock corporation, how many votes can every member cast for each candidate?
Which type of corporation is open to any person who may wish to become a part or stockholder?
Which type of corporation is open to any person who may wish to become a part or stockholder?
What is the term for the basic issue of shares in a corporation with all the basic rights of a share of stock?
What is the term for the basic issue of shares in a corporation with all the basic rights of a share of stock?
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