Chapter 44

1. Explain the difference between straight voting and cumulative voting.

1. What is a derivative action by a shareholder?

1. Describe some types of Shareholder Distributions.

Chapter 46

1. Name the three principal bases of accountants liability to clients, discussed on pages 46-3 through 46-8, and briefly describe each.

1. Summarize the effect of the Dodd-Frank Act on broker-dealers.

1. What are accountants working papers. Summarize clients right of access to accountants them.