Author Question: The terms of sale identify the possible discount for early payment, the discount period, and the ... (Read 191 times)

nenivikky · **on:** Jul 10, 2018

The terms of sale identify the possible discount for early payment, the discount period, and the
total credit period.

Indicate whether the statement is true or false

Question 2

There are two typical ways to alter the one vote-one share standard. One way is ________.

A) to have companies buy back nonvoting common stock
B) to not have companies pay dividends
C) to have companies issue classes of stock whereby one or more classes have super voting rights
D) to not have companies issue bonds

dellikani2015 · **Reply #1 on:** Jul 10, 2018

Answer to Question 1

TRUE

Answer to Question 2

Answer: C
Explanation: C) There are two typical ways to alter the one vote-one share standard. First, companies may issue nonvoting common stock. Often these nonvoting rights are temporary and thus can alter the one vote-one share standard; however, these shares turn into fully participating shares after a period of time. Second, companies may issue classes of stock whereby one or more classes have super voting rights. Shareholders with super voting rights have multiple votes per sharea fact that increases their influence and control over the company.