Which of the following is not an example of fulfilling social objectives through stock ownership?
· Question 2 3 out of 3 points
Which of the following arguments opposes the idea of high executive pay?
· Question 3 0 out of 3 points
A reason for institutions becoming more assertive in promoting the interests of their member investors is:
· Question 4 0 out of 3 points
The paramount duty of the board of directors of a public corporation is to:
· Question 5 3 out of 3 points
Which of the following statements is not true about stockholders?
· Question 6 0 out of 3 points
The directors of a company are a central factor in corporate governance because they:
· Question 7 3 out of 3 points
How are directors (members of corporate boards) selected?
· Question 8 3 out of 3 points
In response to concerns about the lack of transparency in financial accounting, Congress passed a new law called the:
· Question 9 3 out of 3 points
Which of the following is not an argument for high executive compensation?
· Question 10 3 out of 3 points
The mission of the Securities and Exchange Commission (SEC) is to:
· Question 11 0 out of 3 points
The main reason that American executives are paid so much is:
· Question 12 0 out of 3 points
Which of the following is a key feature of effective boards of directors?
· Question 13 0 out of 3 points
The Securities and Exchange Commission outlaws:
· Question 14 3 out of 3 points
The “agency problem” arises when:
· Question 15 3 out of 3 points
In 2007, median compensation for directors at the largest U.S. corporations was (rounded to the nearest $10):
· Question 16 3 out of 3 points
Many companies have argued that the evolution of strict liability has:
· Question 17 3 out of 3 points
Before deregulation, government agencies frequently:
· Question 18 3 out of 3 points
Manufacturers making false or misleading claims about a competitor’s product is:
· Question 19 3 out of 3 points
Consumers have become more dependent on businesses for product quality because:
· Question 20 3 out of 3 points
Which organization brings together 300 nonprofit groups to espouse the consumer viewpoint?
· Question 21 3 out of 3 points
A goal of the consumer movement is to make consumer power:
· Question 22 3 out of 3 points
In some cases, businesses have banded together to agree on how they will treat their customers. This is called:
· Question 23 3 out of 3 points
An identifying marker placed on a user’s computer hard drive during visits to some Web sites is called a:
· Question 24 3 out of 3 points
Businesses can take a number of measures to respond voluntarily to consumer demands. Which of the following is an example of such a measure?
· Question 25 3 out of 3 points
The “right to be heard” assures that consumers’ interests will:
· Question 26 3 out of 3 points
The act that requires lenders to inform borrowers of the annual rate of interest to be charged, plus related fees and services charges is called:
· Question 27 3 out of 3 points
Which of the following statements is not true about the organization Consumers Union (the publisher of Consumer Reports magazine)?
· Question 28 3 out of 3 points
Which of the following is a mission of the Food and Drug Administration?
· Question 29 0 out of 3 points
When businesses adopt voluntary policies for protecting the privacy of individuals’ information disclosed during electronic transaction, this is called:
· Question 30 3 out of 3 points
The main responsibility of the National Highway Traffic Safety Administration is to: