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By way of which of the following may corporations distribute their income to shareholders?     Allocations     Grants     Dividends In a merger situation which of the following is a term for the remaining corporation?     The surviving corporation     The approved corporation     The winning corporation "If corporate directors fail to sue when the corporation has been harmed by an individual, another corporation, or a director, individual shareholders can file a[n] xxxxxxx on behalf of the corporation"     Shareholder's direct suit     Shareholder's derivative suit     Shareholder action suit Which of the following types of mergers does not require shareholder approval?     Short form mergers     Short term mergers     Access mergers

Finance Nov 27, 2020

By way of which of the following may corporations distribute their income to shareholders?

   

Allocations

   

Grants

   

Dividends

In a merger situation which of the following is a term for the remaining corporation?

   

The surviving corporation

   

The approved corporation

   

The winning corporation

"If corporate directors fail to sue when the corporation has been harmed by an individual, another corporation, or a director, individual shareholders can file a[n] xxxxxxx on behalf of the corporation"

   

Shareholder's direct suit

   

Shareholder's derivative suit

   

Shareholder action suit

Which of the following types of mergers does not require shareholder approval?

   

Short form mergers

   

Short term mergers

   

Access mergers

Expert Solution

1). Dividends

Corporations distribute their income to shareholders in the form of dividends.

2). The surviving corporation

3). Shareholder's derivative suit

Shareholder's derivative suit allows shareholders to pursue claims against the corporation in which they hold shares.

4). Short form mergers

Short form mergers does not require shareholder's approval. When a company that owns atleast 90 percent of the target company is acquiring it, it is called short form merger and does not require shareholder's approval.

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