D Question 48 Peter has agreed to sell his business to Globo Enterprises, Globo is a publicly traded corporation. The next day. Peter suddenly has significant funds and purchases a controlling stake of stock shares in Globo. The President and CEO of Globo objects Peter as a controlling shareholder can exercise control over the objection of the president Peter must still get approval of the President Peter cannot control Globo without approval of the Board of Directors Because Peter received his money from gambling, he cannot take control of Globo 2 pts On Monday July 6, stock in ANDR Pharma is sold to the public for the first time. They sell 10 million shares at $10 per share and have earned $100 million on the sale of stock. On Tuesday July 6, at the close of stock trading, the price closed at $12 per share and 5 million shares were traded. Which is correct regarding the transactions of Tuesday, July 6 D Question 49 ANDR earns no money ANDR earns $60 million ANDR earns $10 million ANDR earns a reasonable commission on the sale