In a(n) ________, employees need not join the union that represents them, but, in lieu of dues, they must pay a service charge for representation.
A. preferential shop
B. closed shop
C. agency shop
D. union shop
Answer: C
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The issuance of shares of preferred stock to shareholders
a. increases preferred stock outstanding. b. has no effect on preferred stock outstanding. c. increases preferred stock authorized. d. decreases preferred stock authorized.
When prioritizing, the objective is to first accomplish the tasks that ______.
a. are the easiest to complete b. can be completed quickly c. are the most important d. are due soonest
The two stocks in your portfolio, X and Y, have independent returns, so the correlation between them, rXY is zero. Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have an expected return of 15%, betas of 1.6, and standard deviations of 30%. Which of the following statements best describes the characteristics of your 2-stock portfolio?
A. Your portfolio has a standard deviation less than 30%, and its beta is greater than 1.6. B. Your portfolio has a beta equal to 1.6, and its expected return is 15%. C. Your portfolio has a beta greater than 1.6, and its expected return is greater than 15%. D. Your portfolio has a standard deviation greater than 30% and a beta equal to 1.6. E. Your portfolio has a standard deviation of 30%, and its expected return is 15%.
What does the "veil of ignorance" require under Rawls's distributive justice theory?
A) That persons who have suffered an injustice not be able to learn the identity of the person causing the injustice, at least when it is practical to keep this information from the person who was harmed B) That ethical obligations in society not be made public because if they were, individuals would strive to merely do the minimum C) That ethical obligations are decided by less intelligent members of society so that they can be understood by all D) That ethical obligations be determined by persons who do not know their place in society