Because Earth's Orbit Is Slightly Elliptical, Earth Actually Gets Closer

question 56

Multiple Choice

Because Earth's orbit is slightly elliptical, Earth actually gets closer to the Sun during part of the year. When Earth is closer to the Sun its orbital speed is

• A) less than when Earth is farthest away from the Sun.
• B) the same as when Earth is farthest away from the Sun.
• C) greater than when Earth is farthest away from the Sun.
• D) sometimes greater sometimes smaller than when Earth is farthest away from the Sun.

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Definitions:

Appraisal Remedy

A shareholder's right to demand court-ordered review of the fairness of a corporate action or acquisition price in specific circumstances.

Dissenting Shareholder

A shareholder who disagrees with a corporate action, such as a merger or acquisition, and is typically afforded certain rights, including the right to be bought out by the corporation.

Management Buyouts

A transaction where a company's management team purchases the assets and operations of the business they manage, becoming the new owners.

Borrowed Funds

Money that has been loaned to a borrower, which they are obligated to repay, typically with interest.