The Montgomery Bus Boycott of 1955-1956

question 124

Multiple Choice

The Montgomery bus boycott of 1955-1956

• A) failed to end the segregation policies on public city buses.
• B) was ruled illegal by the Supreme Court.
• C) was sparked by a beating of an African American woman.
• D) marked the emergence of an effective form of racial protest.
• E) led to the creation of the Congress of Racial Equality (CORE).

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Definitions:

Stock Split

A corporate action to increase the number of shares by dividing each share, which decreases its price and makes it more accessible to investors without changing the market capitalization.

Market Value

The ongoing cost at which a commodity or service is available for buying or selling in the market.

Shares Outstanding

The total number of a company's shares that are currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Par Value

The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect market value.