During a Recession Which Industry Is Most Likely to Excel

question 34

Multiple Choice

During a recession which industry is most likely to excel?

• A) Consumer staples
• B) Consumer durables
• C) Basic industries
• D) Financial stocks
• E) Capital goods

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Definitions:

Vicarious Liability

A legal principle wherein one party is held liable for the actions of another party, often used in employer-employee relationships.

Legal Responsibility

The obligation to act in accordance with the law and be accountable for one's actions in a legal context.

Acts of Another

Legal principle referring to the actions of a person that can affect the legal rights or responsibilities of another person.

Twelve-Month Period

A continuous period of twelve months that may be used for measurement or as a condition for certain legal and employment matters.