Free CBM Exam Braindumps
Certified Business Manager (CBM) Questions 171–175 (page: 36)

Updated On: 10-Feb-2026

The filing of the articles of incorporation is generally conclusive proof of proper incorporation in:

  1. Statutory approach
  2. Common Law approach
  3. Publicly-held approach
  4. Parent-subsidiary approach

Answer(s): A



Which of the following is NOT the type of debt securities?

  1. Authority bonds
  2. Equity bonds
  3. Participating bonds
  4. Callable bonds

Answer(s): A



Issuance of shares defines:

  1. Equity Security source of capital creating an ownership interest in the corporation
  2. Share a proportionate ownership interest in a corporation
  3. Treasury Stock shares reacquired by a corporation
  4. All of the above

Answer(s): D



Minimum number necessary to be present at a meeting in order to transact business is called:

  1. Quota
  2. Quorum
  3. Voting trust
  4. Determination

Answer(s): B



What entitles shareholders to multiply the number of votes they are entitled to cast by the number of directors fro whom they are entitled to vote and to cast the product for a single candidate?

  1. Cumulative Voting
  2. Straight Voting
  3. Shareholder Voting Agreement
  4. Proxy Voting

Answer(s): A



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