Rafael Is Explaining to His Daughter That the Sorting or Competitive

question 16

Multiple Choice

Rafael is explaining to his daughter that the sorting or competitive process in sport is partly about skills, but it also depends on resources. Using Bourdieu's terms, Rafael is discussing:

• A) allocative and distributive resources
• B) community
• C) economic, symbolic, and cultural capital
• D) power, prestige, and party

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Definitions:

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing company.

Deductible Expenses

Expenses that can be subtracted from gross income, reducing the amount of income subject to taxation.

Financial Loss

The reduction in an organization's financial wealth, usually from expenses exceeding revenues in a given period.