Imagine You Are a Judge and Are Asked to Determine

question 10

Multiple Choice

Imagine you are a judge and are asked to determine sole custody of a child to one of two divorcing parents. Parent A is closer with the child and has a good job, but works long hours and often has to travel. Parent B has a reasonable rapport with the child and average income, works 9 to 5 and never travels. Based on previous research, you are MOST likely to choose _____ if asked to "award custody" and _____ if asked which parent you would "deny custody."

• A) Parent A; Parent B
• B) Parent A; Parent A
• C) Parent B; Parent A
• D) Parent B; Parent B

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Definitions:

Primary Market

The financial market where new securities are sold to initial buyers directly by the issuer, often through underwriting.

Securities

Instruments of finance that denote a share in a company available on the public stock exchange, an obligation owed to investors by governments or businesses (bonds), or the assignment of ownership via options.

Investment Banks

Financial institutions that provide various services including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities trading.

Direct Transfer

A method of moving funds or assets from one account or entity directly to another without any intermediaries.