Which of the Following Is a Positive Statement

question 113

Multiple Choice

Which of the following is a positive statement?

• A)Low rents restrict the supply of housing.
• B)Low rents are better for a city than high rents.
• C)Housing costs too much.
• D)Owners of apartment buildings ought to be free to charge whatever rent they want.
• E)Government should control the rents that apartment owners charge.

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Definitions:

Securities Exchange Act

A U.S. law enacted in 1934 to govern the trading of securities, such as stocks and bonds, aimed at protecting investors from fraud.

Solicitation of Proxies

The process by which shareholders are asked to delegate their voting power to representatives to vote on their behalf at shareholder meetings.

Section 12

A specific segment or part within a legal document or statute that addresses a particular point of law.

Section 14(a)

Typically refers to a provision in the Securities Exchange Act of 1934 that deals with proxy solicitations.