Jeopardy Final - Regular Jeopardy.pptx
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Broward College
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Any action taken at a corporate meeting requires this. What is a corporate resolution? This is the first thing that should be done at any corporate meeting. What is make a determination that the requisite quorum is present to conduct business? This is the first document that should be presen...
Any action taken at a corporate meeting requires this. What is a corporate resolution? This is the first thing that should be done at any corporate meeting. What is make a determination that the requisite quorum is present to conduct business? This is the first document that should be presented at an organizational meeting. What are the articles of incorporation? This is the term for the date upon which the shareholders entitled to vote at a meeting is determined. What is record date? These are the two major types of shareholder voting agreements. What are a voting trust and a pooling agreement? This is the term for an unsecured debt instrument. What is a debenture? The interest rate paid on a bond is referred to as this. What is the coupon rate? The holder of this type of bond paid less than the full face value of the bond. What is a discounted bond? The holder of this type of bond does not receive interest until the maturity date of the bond. What is a zero coupon bond? The holder of a debt security does not have these two major rights. What are management rights and receipt of profits? This is the most common structural change in a corporation. What is amendment of the articles of incorporation? If a plan of merger is approved, the surviving corporation must file this with its state of domicile. What are articles of merger? This consolidates all past amendments with original articles of incorporation into a new document. What are restated articles of incorporation? Whenever a corporation has been formed in one state and prefers to be governed by the laws of another state, it changes its state of domicile by filing this. What are articles of domestication? These are the two exceptions to the requirement of shareholder vote on a merger. What are a small-impact merger and a short-form merger? These are the two major types of equity securities. What are common stock and preferred stock? This term refers to the number of shares sold to shareholders. What are issued shares? Stock issued without stock certificates is referred to as this. What are uncertified shares? This is another name for the income statement. What is the profit and loss statement? This action typically is taken to increase the price of shares. What is a reverse stock split? This is the term used for a subdivision of a class of stock. What is a series? This is the term for the procedure that allows a corporation to become a different type of business entity. What is a conversion? This is the term for what occurs when two corporations form a new corporation which exchanges its shares for all of the shares of both acquired corporations. What is a consolidation? This is the term used when a parent corporation is merged into a subsidiary. What is a downstream merger? This is the term for an agreement between a corporation and holders of a debt security. What is an indenture or trust indenture?