A Member of a Minority Race Applies for a Promotion

question 69

Multiple Choice

A member of a minority race applies for a promotion to a position advertised as available at his company. The minority applicant, who is qualified for the position, is rejected by the company, which then hires a nonminority applicant for the position. The minority applicant can bring a claim under ________.

• A) Title I of Americans with Disabilities Act
• B) Title II of Genetic Information Nondiscrimination Act
• C) Title VII of the Civil Rights Act
• D) Lilly Ledbetter Fair Pay Act

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Definitions:

Future Cash Flows

The projected cash receipts and payments a company expects to incur over a certain period in the future.

Bond Ratings

Bond ratings are assessments made by credit rating agencies about the creditworthiness of a bond issuer, which affect the interest rates bonds carry.

Default Risk

The risk that a borrower fails to make the promised loan or bond repayments to the lender or bondholders.

Maturity Risk

The risk associated with the length of time until the face value of an investment is returned, affecting its susceptibility to interest rate changes.