Private Clubs Cannot Discriminate as to Who They Will Admit

question 43

True/False

Private clubs cannot discriminate as to who they will admit as members because discrimination by private facilities is prohibited by the legislation.

---

Definitions:

Common Stock

A type of equity security representing ownership in a corporation, with holders typically having voting rights and receiving dividends.

Dividend Yield Ratio

A financial ratio that indicates how much a company pays out in dividends each year relative to its stock price.

Common Stock

This refers to shares of ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Total Stockholders' Equity

The total amount of assets remaining in a company after all liabilities have been subtracted, representing the ownership interest of the shareholders.