Drew Read That the Stock Market Hit a Low for the Year.He

question 82

Multiple Choice

Drew read that the stock market hit a low for the year.He ____ that information to decide to buy $3,000 worth of a mutual fund because he felt it was a bargain.

• A)stored
• B)combined
• C)passed
• D)discarded
• E)used

Recognize appropriate salutations and openings in business communication.

Understand the use of enclosure notations in business letters.

Know the proper setup for memo headings.

Understand the specifications for mailing and formatting in U.S. business practices.

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Definitions:

Suing Shareholder

A stockholder who initiates a legal action against a corporation, often for actions that are believed to harm the company or its shareholders.

Reasonable Attorney's Fees

The amount of legal fees deemed fair for the work performed, often recoverable from the opposing party in litigation under certain conditions.

Strike Suit

A lawsuit with weak merits, often filed by a shareholder against a corporation's executives, hoping for a settlement.

Out-Of-Court Settlements

A resolution reached between disputing parties without the need for a court trial.