The type of voting in which the owner having half voting shares can elect board of directors is called __________?
Correct answer: C. straight voting
- A. directors voting
- B. half voting
- C. straight voting
- D. owners voting
Explanation
Under straight voting, a shareholder votes separately for each director, allowing a majority shareholder to elect the entire board. Cumulative voting instead lets shareholders concentrate votes on selected candidates.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
Practise Business Finance
975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Business Finance questions
The form of market efficiency in which stock current prices reflect the volume information and historic prices of company is classified as ____________?
The intrinsic value of call option is _____________?
The type of contract which involves the immediate exchange of funds and assets is classified as __________?
According to futures contract, the long position states the ___________?
If the stock price of call option is $300 and the exercise price of call option is $260 then the intrinsic value of option is ___________?
The type of liability in which the stockholders losses are counted for only the invested amount in the firm is classified as ___________?