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Match the Following with the Items Below

Question 37

Matching

Match the following with the items below:

Premises:
All directors may be elected by a controlling vote of more than 50%.
A "hybrid" security combining features of both common stock and debt.
Specifies the amount of cash or equity that must be deposited with a brokerage firm, with the balan
Shareholders are allowed to multiply their total shares times the number of directors being elected to determine their total number of votes.
The privilege accorded to current common stockholders of maintaining their ownership percentage on new issues of common stock.
A situation where the purchase of common stock during a rights offering no longer includes the rights to purchase additional shares of common stock.
The situation where the purchase of common stock includes an equal number of rights attached to the stock.
Commonly arises from the sale of new common stock to current stockholders.
Holders of this security are the owners of the company.
Responses:
common stock
ex-rights
cumulative voting
margin requirement
majority voting
preferred stock
rights-on
rights offering
preemptive right

Correct Answer:

All directors may be elected by a controlling vote of more than 50%.
A "hybrid" security combining features of both common stock and debt.
Specifies the amount of cash or equity that must be deposited with a brokerage firm, with the balan
Shareholders are allowed to multiply their total shares times the number of directors being elected to determine their total number of votes.
The privilege accorded to current common stockholders of maintaining their ownership percentage on new issues of common stock.
A situation where the purchase of common stock during a rights offering no longer includes the rights to purchase additional shares of common stock.
The situation where the purchase of common stock includes an equal number of rights attached to the stock.
Commonly arises from the sale of new common stock to current stockholders.
Holders of this security are the owners of the company.
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