Which of the Following Statements Is FALSE

question 128

Multiple Choice

Which of the following statements is FALSE?

• A) The system of apartheid in South Africa limited the ability of blacks to compete for jobs.
• B) In many cases, the source of discrimination has come from U.S. government policies.
• C) Major League Baseball teams that were first to integrate lost more frequently because of low morale.
• D) The U.S. government had many laws that were pro-segregation.

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership of a fraction of a corporation, entitling the holder to a share of the company's profits.

Retained Earnings

Refers to the portion of net income left over for the business after it has paid out dividends to its shareholders.

Net Income

The profit a company generates after all expenses, taxes, and costs have been subtracted from total revenue.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash or stock.