Question · 1 The mission of the Securities and Exchange Commission (SEC) is to: Answer

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The mission of the Securities and Exchange Commission (SEC) is to: Answer

· Question 2

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	The paramount duty of the board of directors of a public corporation is to: Answer

· Question 3

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	The directors of a company are a central factor in corporate governance because they: Answer

· Question 4

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	The board committee that administers and approves salaries and benefits of high-level managers in a company is called the: Answer

· Question 5

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	Which of the following is not an argument for high executive compensation? Answer

· Question 6

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	The activism of institutional investors in other countries has been spearheaded by: Answer

· Question 7

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	Corporate governance involves the exercise of control over a company’s: Answer

· Question 8

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	Which of the following is a key feature of effective boards of directors? Answer

· Question 9

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	In 2010, median compensation for directors at the largest U.S. corporations was (rounded to the nearest $10): Answer

· Question 10

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	A reason for institutions becoming more assertive in promoting the interests of their member investors is: Answer

· Question 11

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	In response to concerns about the lack of transparency in financial accounting, Congress passed a new law called the: Answer

· Question 12

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	Institutional investors are sometimes referred to as: Answer

· Question 13

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	Which of the following is not a function of board committees? Answer

· Question 14

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	How are directors (members of corporate boards) selected? Answer

· Question 15

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	Which of the following arguments opposes the idea of high executive pay? Answer

· Question 16

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	Consumers have become more dependent on businesses for product quality because: Answer

· Question 17

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	The law requiring that toys and infant products be tested before sale is called the: Answer

· Question 18

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	Online shoppers have always been concerned that: Answer

· Question 19

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	Which of the following limits the collection of information online from and about children under the age of 13? Answer

· Question 20

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	In the United States, which of the following agencies enforces the laws prohibiting deceptive advertising? Answer

· Question 21

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	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: Answer

· Question 22

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	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: Answer

· Question 23

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	Under what legal doctrine does a firm bear legal responsibility for injuries caused by something it made or sold, whether or not it was negligent or breached a warranty? Answer

· Question 24

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	Businesses can take a number of measures to respond voluntarily to consumer demands. Which of the following is an example of such a measure? Answer

· Question 25

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	Under proposals to establish uniform federal standards for determining liability: Answer

· Question 26

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	In some cases, businesses have banded together to agree on how they will treat their customers. This is called: Answer

· Question 27

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	Which of the following is not a goal of consumer protection laws? Answer

· Question 28

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	Which organization brings together 300 nonprofit groups to espouse the consumer viewpoint? Answer

· Question 29

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	Advertising that is targeted to particular customers, based on their observed online behavior, is called: Answer

· Question 30

5 out of 5 points

	Manufacturers making false or misleading claims about a competitor’s product is: Answer

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