8)Securities exchanges create efficient markets that do all of the following EXCEPT: Select one:

a. control the supply and demand for securities through price.

b. bring together buyers and sellers while providing them with anonymity.

c. allow stock prices to fluctuate.

d. ensure a market in which the price reflects the appropriate value of the security.

e. allocate funds to the most productive uses.

13) All of the following are frequent issues or problems that may arise in corporate governance, EXCEPT:

Select one:

a.

Corporate governance faces challenges in ensuring integrity in financial disclosures and information releases.

b.

Corporate governance faces challenges in reducing conflicts of interests between stakeholders.

c.

Although the corporate boards responsibility is to all shareholders, relative to individual shareholders, institutional shareholders tend to have a greater influence on corporate governance.

d.

Corporate owners have unlimited liability and may have to personally cover the debts of the corporation.

e.

Corporate governance faces challenges in ensuring that management remuneration is fair.