1) Corporate stock that has voting rights is referred to as stock A common B preferred C domestic D charter QUESTION 2 A corporation whose stock is bought and sold on a security exchange and can be purchased by any individual is referred to as a an corporation A exchange B foreign C open D closed QUESTION 3 One of the advantages of an LLC is that owners have liability A limited B special C restricted D unlimited QUESTION 4 If PepsiCo acquired Pizza Hut, what type of merger was this A vertical B joint venture C horizontal D limited QUESTION 5 A corporation incorporated in Texas doing business in New York is known in A Texas as a foreign corporation B New York as an alien corporation C Texas as a domestic corporation D New York as a domestic corporation

Question

1) Corporate stock that has voting rights is referred to as      stock  A  common B  preferred C  domestic D  charter QUESTION 2 A corporation whose stock is bought and sold on a security exchange and can be purchased by any individual is referred to as a an       corporation  A  exchange B  foreign C  open D  closed QUESTION 3 One of the advantages of an LLC is that owners have       liability  A  limited B  special C  restricted D  unlimited QUESTION 4 If PepsiCo acquired Pizza Hut, what type of merger was this  A  vertical B  joint venture C  horizontal D  limited QUESTION 5 A corporation incorporated in Texas doing business in New York is known in A  Texas as a foreign corporation B  New York as an alien corporation C  Texas as a domestic corporation D  New York as a domestic corporation

Accepted Answer

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	A.	common
	B.	preferred
	C.	domestic
	D.	charter

Question

1) Corporate stock that has voting rights is referred to as ____ stock. A. common B. preferred C. domestic D. charter QUESTION 2 A corporation

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	A.	Texas as a foreign corporation
	B.	New York as an alien corporation
	C.	Texas as a domestic corporation
	D.	New York as a domestic corporation