In response to concerns about the lack of transparency in financial accounting, Congress passed a new law called the:
Which if the following is not a legal right of stockholders?
To vote on who will become chief executive officer (CEO).
The main reason that American executives are paid so much is:
The Securities and Exchange Commission outlaws:
Which of the following is not a function of board committees?
A reason for institutions becoming more assertive in promoting the interests of their member investors is:
The activism of institutional investors in other countries has been spearheaded by:
Institutional investors are sometimes referred to as:
The paramount duty of the board of directors of a public corporation is to:
Which of the following arguments opposes the idea of high executive pay?
In 2010, median compensation for directors at the largest U.S. corporations was (rounded to the nearest $10):
Which of the following is not an argument for high executive compensation?
The mission of the Securities and Exchange Commission (SEC) is to:
The board committee that administers and approves salaries and benefits of high-level managers in a company is called the:
Corporate governance involves the exercise of control over a company’s:
Businesses can take a number of measures to respond voluntarily to consumer demands. Which of the following is an example of such a measure?
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:
Online shoppers have always been concerned that:
Under proposals to establish uniform federal standards for determining liability:
A prime social responsibility of business is to safeguard consumers:
Which organization brings together 300 nonprofit groups to espouse the consumer viewpoint?
The law requiring that toys and infant products be tested before sale is called the:
Which of the following limits the collection of information online from and about children under the age of 13?
Consumers have become more dependent on businesses for product quality because:
One alternative to product liability lawsuits is called:
In the United States, which of the following agencies enforces the laws prohibiting deceptive advertising?
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?
Advertising that is targeted to particular customers, based on their observed online behavior, is called:
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:
In some cases, businesses have banded together to agree on how they will treat their customers. This is called: