Choose the Correct Statement

question 24

Multiple Choice

Choose the correct statement.

• A) Planetary gear sets are generally very durable and usually do not require service when rebuilding a transmission.
• B) Fluid flow in an automatic transmission does not affect the operation of the transmission.
• C) Bands should be inspected for wear if they are replaced during an automatic transmission rebuild.
• D) When rebuilding an automatic transmission, all clutch assemblies should be rebuilt.

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and gives holders voting rights and a share in the company's profits via dividends.

Paid-In Capital

Funds that shareholders contribute to a company in exchange for equity, beyond the par value of the shares.

Par Value

The face value of a stock or bond as stated by the issuing company, which does not necessarily reflect its market value.

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having voting rights and a claim on profits.