Which of the Following Was Designed to Simplify and Standardize

question 164

Multiple Choice

Which of the following was designed to simplify and standardize the laws affecting businesses involved in interstate trade?

• A) common law
• B) statutory law
• C) the standardized commerce rules
• D) the Uniform Commercial Code

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Definitions:

S&P 500

An index that measures the stock performance of 500 large companies listed on stock exchanges in the United States.

DJIA

The Dow Jones Industrial Average, a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Risk-free Rate

The return on an investment with zero risk, indicating the interest an investor would expect from an absolutely risk-free investment over a specified period.

Dividend Yield

The dividend per share divided by the price per share, indicating how much cash flow you are getting for each dollar invested in an equity position.