If a corporation does not distribute profit to its stockholders, it might be that
a. no profit was earned by the corporation
b. profit was used to pay out dividends
c. the corporation has no stockholders
d. its losses were as large as its profit
e. profit was used to pay its board of directors, the first claimants to corporate profit
A
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Bank regulators impose capital requirements in order to
a. increase the amount of leverage in the economy. b. provide an incentive for banks to hold risky assets. c. ensure banks can pay off depositors. d. increase the probability of a credit crunch.
The Sherman Act:
A. was declared unconstitutional in 1895. B. provided for government regulation of the railroads. C. declared monopoly and restraints of trade to be illegal. D. exempted the railroad and communications industries from the antitrust laws.