Michael Has a Social Phobia

question 143

Multiple Choice

Michael has a social phobia.Whenever he finds himself in a social situation:

• A) he experiences considerable bodily distress
• B) he has a panic attack
• C) he doesn't realize that his fear is irrational
• D) he understands that his fear is rational

---

Definitions:

Retained Earnings

Profits that a company retains for reinvestment rather than distributing to shareholders as dividends.

Dividends Payable

A liability account on a company’s balance sheet indicating the amount owed to shareholders in the form of dividends to be paid out.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which may lower the share price.

Par Value

The nominal or face value of a stock or bond, as stated in the corporate charter or on the certificate.