An Item Would Be Considered Extremely Difficult If It Had

question 9

Multiple Choice

An item would be considered extremely difficult if it had a difficulty index of

• A) .99
• B) .50
• C) .01
• D) none of these, since item difficulty is not a quantified value.

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Definitions:

Corporate Formalities

The procedures, rules, and policies that a corporation must follow to ensure legality and protect its shareholders.

Annual Meeting

A yearly gathering of the members or shareholders of an organization to discuss its performance, elect leadership, or make decisions on corporate issues.

Directors

Directors are individuals elected to a corporation's board to oversee and guide the organization's policies and direction.

Fiduciary Duty

A legal obligation of trust requiring an individual to act in the best interests of another party, often seen in the context of trustees, guardians, and financial advisors.