QUESTION 20

The goal of business ethics is:

a) To motivate business and market participants to adhere to both the letter and the spirit of laws and regulations in all aspects of business and professional practice

b) Enhance economic sustainability through better governance

c) Recognize that a company has responsibility beyond its shareholders wealth to employees, community, customers, and the environment

d) To motivate business and market participants to adhere to both the letter and the spirit of laws and regulations that will increase its earnings.

A.

c only

B.

All the above

C.

a, b, d only

D.

c, and d only

E.

non of the above

QUESTION 21

Mariam purchased 100 shares of company A stock drom the Abu Dhabi Stock Exhange, on Wednesday, July 7th. Ahmed purchased 100 shares of the same company stock on Thursday, July 8th. Company A declared a dividend on June 20th to shareholders of record on July 12th and payable on August 1st. Which one of the following statements concerning the dividend paid on August 1st is correct given this information?

A.

Neither Mariam not Ahmed is entitled to the dividend

B.

Mariam is entitled to the dividend, but Ahmed is not

C.

Neither Mariam not Ahmed is entitled to the dividend because they have both bought shares after the declaration date.

D.

Ahmed is entitled to the dividend, but Mariam is not

E.

Both Mariam and Ahmed are entitled to the dividend