Under what system of corporate voting by shareholders can a

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Reference no: EM13472096

1Which of the following is true of the Federal Trade Commission?

  • It is a branch of the U.S. Supreme Court
  • It is a temporary commission created by executive order that has become permanent
  • It is a federal agency created by Congress
  • It is a corporation subsidized by the federal government

2In order to prevent and clear hazardous wastes that increase mortality or serious illness, the federal government established a specific method to finance the cleaning of polluted areas by enacting what statute?

  • The Comprehensive Environmental Response, Compensation, and Liability Act
  • The Insecticide, Fungicide, and Rodenticide Act
  • The Superfree Act
  • The Toxic Substances and Control Act

3The Sarbanes-Oxley Act is intended to increase the confidence of the public and investors through increasing which of the following?

  • Corporate veil
  • Corporate governance
  • Director complacency
  • Separation of powers

4The Sarbanes-Oxley Act prohibits publicly traded companies from making personal loans to whom?

  • Its legal counsel
  • Its majority shareholders
  • Its executive officers or directors
  • Its certified public accountants

5Under what system of corporate voting by shareholders can a minority shareholder achieve success in electing someone to the board of directors?

  • Cumulative voting
  • Proxy voting
  • Absentee voting
  • Straight voting

Reference no: EM13472096

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