Which of the Following Statements Is False

question 33

Multiple Choice

Which of the following statements is false?

• A) The list of stocks that are included in the Dow Jones Industrial Average changes from time to time,and is determined by the editors of the Wall Street Journal.
• B) The Dow Jones Industrial Average first appeared on the scene in 1896.
• C) When the Dow Jones Industrial Average was first computed,prudent investors bought bonds,not stocks.
• D) The Dow Jones Industrial Average is computed by summing the prices of the thirty stocks included in the average and dividing by 30.

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Definitions:

Franchising

A method of expanding a business and distributing goods and services through a licensing relationship.

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A franchisee is an individual or company that has been granted the right by a franchisor to carry out business under the franchisor's brand and operational system.