________ strictly limits the definition of "independent contractors," so that employers cannot avoid legal obligations by classifying workers as self-employed when the organization receives the benefits of a permanent employee.

A) The Internal Revenue Service
B) The Consolidated Omnibus Budget Reconciliation Act (COBRA)
C) The Employee Retirement Income Security Act (ERISA)
D) Employee Benefit Research Institute
E) The Bureau of Labor Statistics

If you believe in the ________ form of the EMH, you believe that stock prices reflect all publicly available information but not information that is available only to insiders.

A) semistrong
B) strong
C) weak
D) perfect

Zen Inc. owns 35% of Sun Inc.'s voting shares. Zen is by far the largest single shareholder of Sun Inc.'s shares, with the rest of Sun's shares being very widely held by individual investors. There was a very poor turnout at Sun Inc.'s recent annual meeting, enabling Zen Inc. to elect the majority of Sun's Board of Directors. Does Zen control Sun under IFRS?

A) No, Zen does not control Sun because it cannot exercise control over Sun without the cooperation of Sun's other shareholders.
B) Yes, Zen controls Sun because it is Sun's single largest shareholder group.
C) Yes, Zen is deemed to control Sun because it has elected a majority of Sun's Board members and the other shareholders are not organized in such a way to actively cooperate when they vote.
D) Zen could only control Sun if it owned 50% of Sun's voting shares.

McGregor's Theory Y assumptions are appropriate for employees motivated by lower-order needs.

Bank deposit creation is limited by

A) reserve requirements.
B) the interest rate.
C) whether a bank is nationally or state chartered.
D) whether a bank is in a large city or rural area.

Describe the role of the Federal Deposit Insurance Corporation (FDIC).