To which of the following rights is a shareholder of a public corporation entitled?
A. The right to have annual dividends declared and paid.
B. The right to vote for the election of officers.
C. The right to a reasonable inspection of corporate records.
D. The right to have the corporation issue a new class of stock.
Answer: C. The right to a reasonable inspection of corporate records.
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In September of 2008, the money market mutual fund Reserve Primary Fund had a price of less than $1.00 for a dollar invested. How did this happen?
A) The fund invested in debt of Lehman Brothers, which was worthless when Lehman went broke. B) The fund invested in high-yield junk bonds, which defaulted. C) The fund invested in Treasuries, which yielded less than 0% returns. D) This actually didn't happen. It cannot happen since the fund only invested in low-risk debt.
Which of the following ISDN equipment can attach directly to the U reference point?
a. only NT1 b. only NT2 c. NT1 & NT12 d. only NT12