The Idea That a Corporation Should Be Run in the Interests

question 24

Multiple Choice

The idea that a corporation should be run in the interests of the shareholders is embedded in the law in:
I. the U.S.A.
II. the U.K.
III. France
IV. Japan

• A) I only
• B) I and II only
• C) III and IV only
• D) II and IV only

---

Definitions:

Probability Distribution

A function in mathematics that determines the probability of each potential outcome in an experiment.

Expected Value

The anticipated value or outcome of a variable, computed as an average of all possible outcomes each weighted by its respective probability of occurrence.

Coefficient Of Variation

A statistical measure used to analyze the relative variability of data points in a dataset or the risk per unit of return; it is the ratio of the standard deviation to the mean.

Well-Diversified Portfolio

An investment portfolio consisting of a wide variety of assets to reduce exposure to risk through diversification.