Given the situation described above, Alma will be able to cast <u>50 votes</u>.
This is because common stock gives voting rights to shareholders. And given that Alma has 50 shares of common stocks. Therefore, he would be able to cast 50 votes.
On the other hand, preferred stocks give no voting rights to shareholders.
However, preferred shareholders have preference over a company's revenue or earnings, which implies that they are paid dividends before common shareholders.
Hence, in this case, it is concluded that the correct answer is "50 votes."
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Contract outlining the terms under which a landlord agrees to rent property to a tenant :)
Answer: Option B
Explanation: In simple words, efficiency theory states that direct monetary benefit is the best motivator for the worker and if the employer pays high wage then the worker will definitely work more efficiently.
It further states that higher wage will be covered by the extra benefit that the worker will provide with his or her performance.
Thus, the correct option is B.
Answer:
The most probable result is that the court will declare the contract invalid and non-binding because the purchase price and important terms regarding the consideration involve are too vague and indefinite.
In order for a contract to be considered valid and binding, consideration must exist and the more precise the terms, the better. Consideration is something of value that both parties exchange. In this case it is a house vs. money, but the price is not specified.
d. strategic plan
A strategic plan is an evolving set of goals around how a company will meet customer needs and deal with competition and external factors.
