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31
Eve and Fred are holders of common stock in Green Grocers, Inc. (GGI). Like other holders of common stock, they may be said to have a residual position in the overall financial structure of GGI, because they
a. are entitled to a dividend not received by other classes of shareholders.
b. are the last to receive payment for their investment.
c. have first priority to any assets of the company if it becomes insolvent.
d. none of the above.
a. are entitled to a dividend not received by other classes of shareholders.
b. are the last to receive payment for their investment.
c. have first priority to any assets of the company if it becomes insolvent.
d. none of the above.
b. are the last to receive payment for their investment.
Begründung:
"In terms of receicing returns on their investments, holders of common stock are the last in line"
Begründung:
"In terms of receicing returns on their investments, holders of common stock are the last in line"
Tags: Stocks
Source: p.112, 2. Absatz
Source: p.112, 2. Absatz
Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010