Daily Reporting of the Dow Jones Industrial Average Serves to

question 97

Multiple Choice

Daily reporting of the Dow Jones Industrial Average serves to

• A) show the direction of the market over time.
• B) distort short-term fluctuations for the financial community.
• C) identify the beginning of a recession in the economy.
• D) disclose the average price of a share of stock on the major exchanges.

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Definitions:

Unenforceable Agreement

A contract or agreement that, due to certain defects or legal deficiencies, cannot be legally enforced or compelled by a court.

Compensatory Damages

Financial compensation awarded to a plaintiff to redress the loss or injury that has been suffered.

Punitive Damages

Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.

Unconscionable

Something that is shockingly unfair or unjust, often used in a legal context to describe terms that are extremely one-sided.