Question 1
3 out of 3 points
Correct
In 2010, median compensation for directors at the largest
U.S. corporations was (rounded to the nearest $10):
Question 2
3 out of 3 points
Correct
The board committee that administers and approves salaries
and benefits of high-level managers in a company is called the:
Question 3
3 out of 3 points
Correct
The activism of institutional investors in other countries
has been spearheaded by:
Question 4
3 out of 3 points
Correct
Which of the following is not an instance of “insider
trading”?
Question 5
3 out of 3 points
Correct
Which of the following is not a function of board
committees?
Question 6
3 out of 3 points
Correct
The mission of the Securities and Exchange Commission (SEC)
is to:
Question 7
3 out of 3 points
Correct
In response to concerns about the lack of transparency in
financial accounting, Congress passed a new law called the:
Question 8
3 out of 3 points
Correct
How are directors (members of corporate boards) selected?
Question 9
0 out of 3 points
Incorrect
Which if the following is not a legal right of stockholders?
Question 10
3 out of 3 points
Correct
A reason for institutions becoming more assertive in
promoting the interests of their member investors is:
Question 11
3 out of 3 points
Correct
Institutional investors are sometimes referred to as:
Question 12
3 out of 3 points
Correct
The paramount duty of the board of directors of a public
corporation is to:
Answer
Question 13
3 out of 3 points
Correct
The main reason that American executives are paid so much
is:
Question 14
3 out of 3 points
Correct
Which of the following arguments opposes the idea of high
executive pay?
business.
Question 15
3 out of 3 points
Correct
The directors of a company are a central factor in corporate
governance because they:
Question 16
3 out of 3 points
Correct
Consumers have become more dependent on businesses for
product quality because:
Question 17
3 out of 3 points
Correct
One alternative to product liability lawsuits is called:
Question 18
3 out of 3 points
Correct
An identifying marker placed on a user’s computer hard drive
during visits in order to identify the user during each subsequent visit and to
build profiles of their behavior over time is called a:
Question 19
3 out of 3 points
Correct
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 20
3 out of 3 points
Correct
Which of the following limits the collection of information
online from and about children under the age of 13?
Question 21
3 out of 3 points
Correct
The law requiring that toys and infant products be tested
before sale is called the:
Question 22
3 out of 3 points
Correct
Which of the following is not a goal of consumer protection
laws?
Question 23
3 out of 3 points
Correct
When businesses adopt voluntary policies for protecting the
privacy of individuals’ information disclosed during electronic transactions,
this is called:
Question 24
3 out of 3 points
Correct
In some cases, businesses have banded together to agree on
how they will treat their customers.
This is called:
Question 25
3 out of 3 points
Correct
Which organization brings together 300 nonprofit groups to
espouse the consumer viewpoint?
Question 26
3 out of 3 points
Correct
Online shoppers have always been concerned that:
Question 27
3 out of 3 points
Correct
Advertising that is targeted to particular customers, based
on their observed online behavior, is called:
Question 28
3 out of 3 points
Correct
A prime social responsibility of business is to safeguard
consumers:
Question 29
3 out of 3 points
Correct
In the United States, which of the following agencies
enforces the laws prohibiting deceptive advertising?
.
Question 30
3 out of 3 points
Correct
Manufacturers making false or misleading claims about a
competitor’s product is:

