In 2012,an Independent Commission in Japan Concluded That the Cause

question 51

Multiple Choice

In 2012,an independent commission in Japan concluded that the cause of the nuclear disaster at Fukushima was partly a result of

• A)Japanese culture.
• B)financial globalization.
• C)corporate greed.
• D)widespread immorality.

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Definitions:

Supernormal Dividend

Dividends that are higher than the level that can be sustained by the long-term growth rate of the company.

Common Stock

Equity ownership in a corporation, with voting rights and potentially variable dividends.

Sinking Fund Provisions

A requirement that a borrower regularly set aside funds to repay a debt before or at maturity, often used in conjunction with bonds.

Bond Indenture

The formal agreement between a bond issuer and bondholders, detailing the terms of the bond such as interest rates, maturity date, and other conditions.