BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 65

$1,355
$1,335
$65
$1,375
$1,400
Question 11. 11. (TCO 5) Bill Affleck is interested in buying preferred
stock, but to be protected if the company needs to omit a dividend
payment. He wants any unpaid dividends to accumulate and be paid
before any common stock dividends are paid. Which one of these
features of preferred stock is Bill seeking?
Convertible
Callable
Cumulative
Credible
None of the above
Question 12. 12. (TCO 5) A very safe investment that generally attracts
conservative investors is called a(n) _____ stock.
penny
cyclical
growth
small cap
blue chip
Question 13. 13. (TCO 5) All of the statements below are false except
corporations are required by law to report all activities to their
stockholders each month.
stockholders may vote only by proxy.
stockholders must approve the sale of all goods and services by the
company.
corporations are required by law to have two stockholder meetings each
year.
stockholders must approve major changes to corporate policies.