Albert Michelson Was the First U

question 39

Multiple Choice

Albert Michelson was the first U.S. scientist to win the Nobel Prize. His prize was for

• A) his studies of light.
• B) his research into static electricity.
• C) proving Maxwell's equations all over again.
• D) his discovery of the solar wind.
• E) his work with accelerating electrical charges.

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Definitions:

Shareholder's Loan

Money lent to a corporation by its shareholders, which is sometimes considered a part of the equity of the business.

Annual Returns

Financial documents that corporations must file yearly, detailing their operational performance, financial status, and other critical information.

Bankruptcy

A legal process intended for individuals or entities that are unable to repay their outstanding debts, allowing them to be absolved through various means.

Breach Of A Fiduciary Duty

An act that goes against the responsibilities of a fiduciary, who is entrusted to act in the best interest of another.