If Steve Jobs, the CEO of Apple, Were to Pass

question 17

Multiple Choice

If Steve Jobs, the CEO of Apple, were to pass away, what do you think would happen to price of Apple's stock?

• A) It would decrease because of the perceived increased risk because of lack of near-term leadership.
• B) It would increase because of the perceived increased risk because of lack of near-term leadership.
• C) It would decrease because of the perceived decreased risk because of lack of near-term leadership.
• D) It would increase because of the perceived decreased risk because of lack of near-term leadership.

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Definitions:

Ongoing Business

An ongoing business refers to a company that is actively engaged in continuous operations without interruption to its commercial activities.

Right To Disaffirm

The legal ability to void or cancel a contract or agreement, especially in cases involving minors or where fraud is detected.

Protect Minors

Measures or laws designed to safeguard children and teenagers from harm and exploitation.

Misrepresents His Age

The act of someone falsifying their age, typically to gain access to rights, products, or services restricted to those of a certain age.