Some Argue Higher Education Perpetuates Inequality Because of

question 124

Multiple Choice

Some argue higher education perpetuates inequality because of

• A)the emphsis on community colleges.
• B)the growth of for-profit institutions.
• C)the increasing numbers of students receiving need-based loans.
• D)the increased availability of education for everyone.

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Definitions:

Option Agreement

An agreement that gives a party the option, but not the obligation, to buy or sell an asset at a predetermined price and date.

Buy-and-Sell Agreement

A legally binding agreement between co-owners that outlines the procedure for the redistribution of shares of a departing owner, often used in partnerships and close corporations.

Transfer Restriction

Legal limitations placed on the transferability of securities or other assets, which may require certain conditions to be met before transfer can occur.

Fiduciary Agreement

A legal or ethical relationship of trust between two or more parties, typically where one party agrees to act in the best interests of another.