All of the Following Statements About Majority Rule Are True

question 52

Multiple Choice

All of the following statements about majority rule are true EXCEPT:

• A) formal voting may take place or members may be polled to find the majority viewpoint.
• B) all group members will feel successful as a result of the majority rule.
• C) some people will feel like "winners" and others will feel like "losers" when the final vote is tallied.
• D) the very process of voting can create coalitions.
• E) voting can cause members to focus on winning rather than on what is best for the team.

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Definitions:

Future Value

Future Value is the estimated amount of money that an investment will grow to over a specified period of time, assuming a certain rate of interest or rate of return.

Compounded Semiannually

Refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods, calculated twice a year.

Mortgage

A loan specifically used to purchase real estate, where the property itself serves as collateral for the loan.

Capital Lease

A long-term lease agreement that allows a lessee to use an asset while essentially treating it as if it were their own by recognizing it on their balance sheet.