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Exercise 11-2 (Algo) Rights of stockholders LO C1 Indicate which activities of Stockton Corporation violated the rights of a stockholder who owned one share
Exercise 11-2 (Algo) Rights of stockholders LO C1 Indicate which activities of Stockton Corporation violated the rights of a stockholder who owned one share of common stock. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Did not allow the stockholder to sell the stock to her brother. Did not allow the stockholder to make decisions regarding hiring and firing employees. Rejected the stockholder's request to vote via proxy because she was home sick. When additional common stock was later issued, the company did not give the shareholder the preemptive right to protect her proportionate interest. In liquidation, paid the common shareholder after all creditors were already paid.
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