Which of the Following Provisions Is Not Part of the Dodd-Frank

question 91

Multiple Choice

Which of the following provisions is not part of the Dodd-Frank Wall Street Reform and Consumer Protection Act?

• A)Shareholders get a vote to voice their opinions on the salary package for the officers.
• B)Board compensation committees must be comprised of independent directors.
• C)Boards must give an explanation to shareholders if the positions of CEO and chair of the board are held by the same person.
• D)Corporations may not make personal loans to officers and directors.

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Definitions:

Cartels

An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.

Non-Unionized Industries

Sectors of the economy where labor unions do not represent the workforce, often resulting in different labor standards and wages.

Minimum Wage

The lowest hourly, daily, or monthly remuneration that employers may legally pay to workers.

Structural Unemployment

Unemployment caused by changes in the industrial makeup of an economy or technological innovations that render certain job skills obsolete.