The Downfall of Lobbyist Arthur H.Samish Resulted from

question 7

Multiple Choice

The downfall of lobbyist Arthur H.Samish resulted from

• A)his conviction on conflict of interest laws.
• B)the revelations of a Sacramento grand jury investigation.
• C)his being convicted of income tax evasion.
• D)a tough anti-lobbying law passed in 1949.

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Definitions:

Shares Outstanding

The total number of shares of a corporation's stock that are owned by shareholders, including restricted shares.

Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Warrants

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a security at a specific price before a certain date.

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock, indicating profitability.