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Exam (elaborations)

FBLA Securities and Investments Question and answers 100% correct 2023/2024

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FBLA Securities and Investments Question and answers 100% correct 2023/2024 Common stock - correct answer the most "junior security" because it ranks last in line at liquidation. An equity or ownership position that usually allows the owner to vote on major corporate issues such as stock splits, mergers, acquisitions, authorizing more shares, etc. Transfer agent - correct answer issues and redeems certificates. Handles name changes, validates mutilated certificates. Distributes dividends, gains, and and shareholder reports to mutual fund investors. registrar - correct answer audits the transfer agent to make sure the number of authorized shares is never exceeded dividends - correct answer money paid from profits to holders of common and preferred stock whenever the Board of Directors is feeling especially generous

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