Which federal agency oversees and regulates the buying and selling of stocks and bonds?
A) Federal Trade Commission
B) Commerce Department
C) Federal Reserve Board
D) Securities and Exchange Commission
E) New York Stock Exchange
D
Explanation: D) The Securities and Exchange Commission (SEC) is a U.S. federal agency created to protect investors and maintain a fair and orderly market. It governs the securities exchanges, the people who issue, trade, and deal securities as well as those who offer investment advice.
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A term life policy allows the policyholder to vary the maturity of the policy.
a. true b. false
When Walmart stores first expanded into Mexico, management established a joint venture with the country's largest retailer. Judging by the approach Walmart used, management must have viewed Mexico as:
A) culturally close and easy to enter. B) culturally distant and easy to enter. C) culturally close and difficult to enter. D) culturally distant and difficult to enter. E) culturally difficult and easy to enter.