In the 1972 empirical study by Black, Jensen, and Scholes, they found that the risk-adjusted returns of high beta portfolios were ________ the risk-adjusted returns of low beta portfolios.
A. greater than
B. less than
C. equal to
D. unrelated to
E. More information is necessary to answer this question.
Answer: B
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In arbitration cases against securities firms, the arbitrators may award damages for losses, but may not impose punitive damages
a. True b. False Indicate whether the statement is true or false
Data that were collected previously for a different research study are known as ____________________ data.
Fill in the blank(s) with the appropriate word(s).
McDonald's placement of stores in Walmart, gas stations, and hospitals is an example of exclusive distribution
a. True b. False Indicate whether the statement is true or false
[Hairstyle Headaches] Astrid owned a hair and nail salon. She had a crush on Seth, a stylist and one of her employees. He paid her no attention. Finally, Astrid told him that if he wanted to keep his job and get the new professional blow dryer he'd requested, he needed to take her on a date and give her a kiss. Seth reluctantly did so. After the date, Astrid proceeded to make suggestive comments to Seth in front of other employees and to request that he rub her shoulders. When she passed Seth's station, she would caress him while he worked. Astrid also decided that Roscoe, another of her employees, was cute. She showered him with the same type of attention. Roscoe enjoyed the attention. Seth filed a claim against Astrid for sexual harassment. Seth asked Roscoe to join in the claim. Roscoe
said that Astrid's attention never personally bothered him, but that if Seth could collect, then he wanted in on the action. Seth told Roscoe that he was going to see a psychologist to substantiate his claim, that such substantiation is necessary, and that Roscoe should consider doing likewise. Roscoe told him that he had no interest in seeing a psychologist but that his case was as strong as Seth's. He said that while he found Astrid entertaining, he should be able to recover if Seth recovered.Regarding Roscoe's claim of sexual harassment, which of the following is a true statement? A. He will recover if Seth is able to recover because their claims will be reviewed as a group. B. Astrid's actions would be reviewed only on an objective basis, and what Roscoe subjectively thought is irrelevant. C. Roscoe will be able to recover only if he can establish that he did not benefit through favors at work based upon Astrid's actions. D. A recovery by Seth does not establish that Roscoe should recover because Roscoe would need to show that he subjectively found Astrid's conduct personally offensive. E. He will not be able to prevail because Astrid did not require that he take any action toward her in order to receive a work-related benefit or avoid a work-related detriment.