Norms Can

question 84

Multiple Choice

Norms can:

• A)be prescriptive
• B)be proscriptive
• C)change over time
• D)be universal
• E)all of these choices

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Definitions:

Subscription Price

The price at which existing shareholders can purchase new shares of a company before the shares are offered to the public.

Rights Offering

A financial mechanism wherein a company offers its existing shareholders the opportunity to buy additional shares directly from the company at a discounted price, before the company offers it to the general public.

Stock Price

The cost of purchasing a share of ownership in a company, fluctuating based on supply and demand in the stock market.

Net Income

The net income of a company once all costs and taxes are subtracted from its total revenue.