Stereotypically, the Wife in a Marriage Does the Child Care

question 7

Multiple Choice

Stereotypically, the wife in a marriage does the child care. This assignment of duties by a person's status (here, "wife") , as opposed to assignment and agreement by contract, might be compared to

• A) Socialism
• B) Feudalism
• C) Capitalism
• D) Communism
• E) Economics

---

Definitions:

Stare Decisis

“Standing by the decision” a principle stating that rulings made in higher courts are binding precedent for lower courts.

Watered Stock

Stock that is issued to individuals below its fair market value.

Fair Market Value

The price a willing buyer would pay a willing seller in a transaction where both parties have reasonable knowledge of the relevant facts and neither is under compulsion to act.

No-Par Stock

Shares issued without a nominal or face value, where the value is determined by the price investors are willing to pay.