Control Stock.

A control stock is a class of shares in a corporation that gives the holder a controlling interest in the corporation. Control stocks typically have special voting rights that allow the holder to elect a majority of the board of directors or to otherwise control the corporation. Control stocks are often issued to founding shareholders, … Read more

Grant-in-Aid Definition.

A grant-in-aid is defined as a type of financial aid that does not need to be repaid. Grants are typically need-based, meaning they are awarded to students based on their financial need. Grants can come from the federal government, state government, colleges, or private organizations. What are formula grants quizlet? Formula grants are grants that … Read more