Question

ray and gina own shares of stock in a number of different companies. none of their holdings are very large. because they make their own investment decisions, they are not as dependent on the board of directors to represent their interests as the large-block shareholders are. a. true b. false

Answer 1

The statement 'Ray and Gina own shares of stock in a number of different companies. None of their holdings are very large. Because they make their own investment decisions, they are not as dependent on the board of directors to represent their interests as the large-block shareholders are' is false.

When you hold stock in a company, whether it be of low value or high value' you have to go along with the board of directors of the company. You cannot make a decision on your own without getting approval from the board of directors.

In the case above, although Ray and Gina might be having a small share of stock in different companies, they are still entitled to be dependent on the board of directors as much as the large-block shareholders are.

To learn more about shareholders, click here:

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