While Being Legally Married to Cassie, James Married Lisa, Too

question 28

Multiple Choice

While being legally married to Cassie, James married Lisa, too.James has engaged in ________.

• A) hypergamy
• B) homogamy
• C) bigamy
• D) endogamy

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Definitions:

Other Comprehensive Income

Income that is not part of net income, including unrealized gains and losses on certain types of investments, which is recorded directly in equity.

Significant Influence

The capacity to exert power over, or sway, the operating and financial policies of another entity without having control over it.

Non-Strategic Investment

An investment made without the intention to influence or control the operation or management of the invested entity.

Board of Directors

A group of individuals elected by the shareholders of a corporation to oversee and make decisions on behalf of the company.