Which of the Following Statements Is True

question 82

Multiple Choice

Which of the following statements is true?

• A)Equity norms are fairer than equality norms.
• B)Respect for authority is stressed more in individualistic cultures than collectivistic ones.
• C)Collectivistic groups encourage competition among its members so the group prospers.
• D)Individualistic groups are more tolerant of nonconformity than are collectivstic ones.

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Definitions:

Par-Value Stock

Shares of a company that have a minimum fixed face value; the value is set at the time the shares are issued.

Stock Certificate

A physical document that represents ownership of a certain number of shares in a corporation.

No-Par Value

Refers to stocks issued without a specified face value, where the value is determined by the market.

In-Kind

Refers to goods, services, or transactions made in the form of physical goods or commodities rather than money.