Which of the Following Statements Is Not True

question 14

Multiple Choice

Which of the following statements is not true?

• A) Ethnocentrism is present in all cultures; it is universal.
• B) One benefit of ethnocentrism is that it enhances group solidarity.
• C) Ethnocentrism is a natural by-product of being raised in a society.
• D) Ethnocentrism is worse in urban societies than in rural ones.
• E) Although it is not possible to eliminate ethnocentrism, it can be reduced.

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Definitions:

American Call Option

An option contract that gives the holder the right, but not the obligation, to buy a security at a specified price before the option expires.

Expiration Date

The specified date on which an options or futures contract becomes null and void.

ESOs

Employee Stock Options refer to the rights given to employees, included in their remuneration package, enabling them to buy shares of the company stock at a predetermined price.

Guarantee

A formal promise or assurance, typically in writing, that certain conditions will be fulfilled or that a product will meet a specified level of quality.