Senator Don Chipp, Founder of the Australian Democrats Party, Famously

question 17

Multiple Choice

Senator Don Chipp, founder of the Australian Democrats Party, famously observed that the role of the Senate was to 'keep the bastards honest'.He was referring to:

• A)The power of the Senate to veto any law proposed by the executive government in the Lower House.
• B)The power of the executive government over the Upper House of parliament.
• C)The fact that a law proposed by the executive government will almost automatically be passed by the Upper House.
• D)The power of the Lower House to veto any law proposed by the executive government.

Understand the growth rate of dividends and how it impacts stock values.

Apply the required rate of return to evaluate investment opportunities.

Understand the concept of the constant growth model in dividend paying stocks.

Analyze the impact of changing dividend policies on stock valuation.

---

Definitions:

Sleep

A state of rest comprising several stages, during which the body and brain undergo various processes essential for health and recovery.

Stimuli

External or internal agents or factors that provoke a physiological or psychological response or action in an organism.

Bedtime Snack

A small meal or food item consumed shortly before going to bed, often aimed at preventing overnight hunger.

Hot Chocolate

A warm beverage made from cocoa powder, milk or water, and sugar, often enjoyed for its comforting and sweet taste.