From the Perspective of the Public,the Primary Job of the Board

question 91

Multiple Choice

From the perspective of the public,the primary job of the board of directors is

• A) to lend credence to the decisions of the executive committee.
• B) dictated solely by legal requirements.
• C) to act as representatives for public identification.
• D) to closely monitor the actions of management.
• E) insulated from legal judgments because management actually makes the decisions.

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Definitions:

The Dow Line

A reference to Dow Theory, focusing on the movements of the Dow Jones Industrial Average to predict market trends.

Put/call Ratio

A indicator measuring the trading volume of put options to call options, used to gauge investor sentiment in the market.

Bearish Signal

An indicator or trend suggesting that the price of an investment is likely to decrease.

Contrarian

An investor or analyst who intentionally goes against prevailing market trends or sentiments, believing that the crowd is wrong and that there is value in taking an opposite position.