Match the Term with the Definition

question 38

Multiple Choice

Match the term with the definition.
-Legislation in 1941 that enabled Britain to obtain arms from the United States without cash but with the promise to reimburse the United States when the war ended.The act reflected Roosevelt's desire to assist the British in any way possible,short of war.

• A)appeasement
• B)Battle of Midway
• C)D Day
• D)Double V campaign
• E)GI Bill of Rights
• F)good neighbor policy
• G)Holocaust
• H)internment camps
• I)Lend-Lease Act
• J)Manhattan project
• K)neutrality acts
• L)Selective Service Act

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Definitions:

Treasury Stock

Treasury Stock represents shares that were issued and subsequently repurchased by the company, reducing the amount of outstanding stock on the open market.

Common Stock

A type of security that represents ownership in a corporation, granting holders voting rights and a share in the company’s profits via dividends.

Treasury Shares

Shares that were once part of the circulating supply of stock but were subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Financing Activities

Processes that involve the flow of cash between a company and its owners and creditors, affecting the equity and debt of the business.