The Following Questions Refer to the Cartoon Below

question 38

Multiple Choice

The following questions refer to the cartoon below.

-The cartoon reflects which of the following historical trends in the period 1980-present?

• A) Union membership increased substantially
• B) Economic equality was achieved by 2000
• C) Real wages for the middle class increased substantially
• D) Economic inequality increased after 1980

---

Definitions:

Corporation Ratifies

An action whereby a corporation formally confirms or approves an agreement or decision made on its behalf.

Prior To Incorporation

Describes actions or agreements made before the formal establishment or registration of a corporation.

Directors

Individuals elected or appointed to oversee the strategic direction and management of an organization, ensuring it meets its statutory obligations and operates in the best interest of its stakeholders.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money or property, such as between trustees and beneficiaries.