Which of the following is true?
A. A stockholder owns part of the corporation.
B. A stockholder has loaned money to the corporation.
C. A stockholder is owed money by the corporation.
D. A stockholder must be consulted on all major decisions.
Answer: A
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Janelle spends all of her income on songs from iTunes ($1 each) and applications ($5 each) for her iTouch. If she makes her best affordable choice, she purchases 20 songs and 4 applications, what is her income?
A) $40 B) $20 C) $30 D) $25
Market risk is:
A. risk that is broadly shared by the entire market or economy. B. risk that is unique to a particular company or asset. C. likely to be predictable, and generally reflected in interest rates. D. the reason the economy suffers inflation from time to time.
During the last half of 2008 and the first half of 2009, the congress passed and the President signed two bills totaling about _______________ in an attempt to avert the Great Recession.
A. $700 billion B. $800 billion C. nearly $1.5 trillion D. more than $2.0 trillion
The business cycle phase that must come before the peak is a(n)
A. expansion. B. trough. C. recession. D. contraction.