An Hour After You Go to Sleep, a Loud Noise

question 44

Multiple Choice

An hour after you go to sleep, a loud noise awakens you. You emerge from sleep confused and do not remember the noise. You were in which stage of sleep?

• A) Stage 1
• B) Stage 2
• C) Stage 3
• D) Stage 4

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Definitions:

Corporation

A legal entity that is separate from its owners, providing limited liability protection to its shareholders and having the ability to raise capital by selling shares.

Held

Usually refers to assets or investments retained over a period, not sold or traded.

Capital Surplus

The amount by which a company's total capital exceeds the par value of its issued share capital.

Paid-in Capital

Funds raised by a company through the sale of common or preferred stock.