If the Price of Yen in Terms of Canadian Dollars

question 36

Multiple Choice

If the price of yen in terms of Canadian dollars rises,then:

• A)the yen price of dollars also rises
• B)the dollar depreciates relative to the yen
• C)the yen depreciates relative to the dollar
• D)the yen price of dollars rises then falls
• E)the yen price of dollars stays the same

---

Definitions:

Minority Shareholders

Individuals or entities that own less than 50% of a company's shares and therefore have limited control over company decisions.

Shareholder's Derivative Suit

A legal action brought by a shareholder on behalf of a corporation to enforce the corporation's rights when the corporation's management fails to do so.

Cumulative Voting

A voting system in corporate elections that allows shareholders to concentrate all their votes on one candidate for the board of directors.

Illegal Dumping

The improper disposal of waste at a non-approved location.