Answer:
Yes
Explanation:
This type of agreements are generally signed in order to protect the foundling members of a business that decide to continue working. Generally, founding members have a large participation in the business or even have certain special stocks that grant them higher voting power. In order for the remaining founders to be able to keep managing the company, they sign this type of agreements so that other external investors do not replace them.
Answer:
Maket value of the comapny $
Market value of bond ($380,000 x 97,4/100) 370,120
Market value of preferred stocks (2,600 x $61) 158,600
Market value of common stocks (37,500 x $19) 712,500
Market value of the company 1,241,220
Weight to assign to common stocks = $712,500/$1,241,220 x 100
= 57.40%
The correct answer is E
Explanation:
The market value of each stock is the number of stocks issued multiplied by current market price. Market value of the company is the aggregate of market value of bond, market value of preferred stocks and market value of common stocks. The weight to be assigned to common stocks is the percentage of market value of common stocks to market value of the company.
Offer is a definite undertaking or proposal made by one person to another indicating a willingness to enter into a contract. The offer must be communicated to the offeree and must be <span>sufficiently definite and certain.</span>
An offer to enter into a contract can be terminated by lapse of time, r<span>evocation ,
counteroffer, rejection, death or incompetency of the offeror or offeree, destruction of the subject. </span>
