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Monica [59]
3 years ago
6

Maureen owns 20% of the common stock of the Queen Bean Corporation. The company announced plans to offer an additional 10,000 sh

ares of common stock for sale.
If Maureen exercises her preemptive rights, Queen Bean must offer her the opportunity to purchase:

a) 8,000 shares.
b) 2,000 shares.
c) as many of the new shares as the investor is willing and able to buy.
d) 20% of the outstanding preferred stock.
Business
1 answer:
nataly862011 [7]3 years ago
7 0

Answer:

(B) 2,000 shares

Explanation:

As an existing shareholder, Maureen has the preemptive right of buying the number of shares corresponding to her shareholding interest in a share issuance.

This translates to (20% * 10,000 =) 2,000 new shares in the share sales.

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AysviL [449]

Answer:

The correct answer is letter "A": voidable.

Explanation:

Voidable contracts are those that cannot be enforced because one or the two parties involved are not legally eligible to go on in such an agreement. Reasons to void a contract include but are not limited to failure to disclose material facts, legal incapacity to enter a contract or inconsistent contractual terms.

Thus, <em>Bob's contract to purchase a car is voidable since he is legally incapable of signing agreements due to his age (17 years old).</em>

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3 years ago
World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per yea
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Answer:

b.Increases in the global population

c.Services such as web conferencing and teleconferencing that facilitate international meetings.

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As the countries increase their trade with free trade agreement like NAFTA or the Eurozone which enables to a higher transactions of factors between countries like labor, capital and goods.

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More population enables more people willing to trade as well.

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3 years ago
In the late 1800s, a Frenchman observed that individuals who recovered from a disease were not susceptible to that same disease
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Answer:

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I am Lyosha [343]

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