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Question 1

Passively managed exchange-traded funds are frequently: Created to manage stocks which are assets of a blind trust.
Primary agents in funding initial stock offerings.
The largest shareholders by percentage in companies.
Victimized by more aggressive funds in market downturns.

Question 2

The first company to issue stock following the Middle Ages did so in_______and the technique of pooling capital made_______a_______superpower. 1598, Great Britain, manufacturing.
1606, The Netherlands, maritime.
1492, Spain, exploration.
1585, Portugal, fishery.

Question 3

The potential conflict of interest between Outside Passive Minority Investors (shareholders) and corporate management is referred to as the: Management privilege imbalance.
Principal agent problem.
Director investor fester.
Passive aggressive disparity.

Question 4

The rights of shareholders in a company: May vary as to how much stock they hold.
Always include voting rights for common stock.
Are subordinate to creditors in regard to assets.
Are subject to revision upon approval of the Securities and Exchange Commission.