English 101-150

What does the noun *want* often relate to in economics?

• Desire for goods or services, often influenced by advertising

• Government regulation of industries

• Corporate decision-making structure

• Taxation policies and revenue codes

What is the *annual meeting of stockholders*?

• A yearly gathering where shareholders discuss company matters and vote

• A weekly meeting between managers and workers

• A court-ordered review of company debts

• A government inspection of corporate offices

What are *articles of incorporation*?

• Legal documents that establish a corporation

• Newspaper publications about stock trading

• Informal notes taken at shareholder meetings

• Government advertisements for companies

What is considered an *asset*?

• Anything of value owned by a business or individual

• A loan given by a bank to a borrower

• The tax rate charged on corporate profits

• A meeting between directors and shareholders

A *bargain price* refers to:

• A price lower than the usual or expected market value

• The fixed wage rate paid to employees

• The legal claim over company property

• The taxation of dividend income

What is the *Board of Directors* responsible for?

• Overseeing the management and major decisions of a corporation

• Conducting retail sales and promotions

• Issuing government regulatory guidelines

• Organizing wholesale trade agreements

What is a *bond*?

• A debt security issued by corporations or governments to raise funds

• A share in company ownership

• A managerial decision-making strategy

• A retail trading license

Who is a *borrower*?

• A person or entity that takes money from a lender with the obligation to repay

• A shareholder receiving dividends

• A manager overseeing company operations

• A government official regulating loans

What is the capital-gains tax law?

• Legislation governing taxes on profits from the sale of assets

• A law requiring companies to issue stock

• A tax on employee wages and salaries

• A rule for allocating labor resources

• A system of import-export tariffs

Who is the chairman of the board of directors?

• The leading officer who presides over board meetings

• A government-appointed auditor

• A wholesale trader in retail markets

• A representative of insurance companies

• A manager responsible for wage rates