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: