Emma Bought an MP3 Player and a Portable DVD Player

question 52

Multiple Choice

Emma bought an MP3 player and a portable DVD player.These products are called goods because ________.

• A) they do a good job of satisfying a customer's needs
• B) they are physical or tangible products
• C) they are produced in an economical offshore factory
• D) they can be sold either in a store or online
• E) they are good at increasing a company's profit margin

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Definitions:

SEC Oversight

Regulatory oversight exercised by the Securities and Exchange Commission, aiming to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Short-Swing Profits

Profits made from the sale of company stock within any six-month period by a statutory insider.

Statutory Insider

An individual or entity that possesses confidential information about a company due to their position or relationship to it, as defined by law.

Company Stock

Equity securities issued by a corporation, representing ownership interests in the company.