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seasmartidentitycard,oradigitalcredential7toaspecificputer.andwouldauthenticateusersatarangeofonlineservices.

Theideaisto8afederationofprivateonlineidentitysystems.Usercould9whichsystemtojoin,andonlyregistereduserswhoseidentitieshavebeenauthenticatedcouldnavigatethosesystems.TheapproachcontrastswithonethatwouldrequireanInterdriver'slicense10bythegovernment.

GoogleandMicrosoftareamongpaniesthatalreadyhavethese"singlesign-on"systemsthatmakeitpossibleforusersto11justoncebutusemanydifferentservices.

12.theapproachwouldcreatea"walledgarden"ncyberspace,withsafe"neighborhoods"andbright"streetlights"toestablishasenseofa13munity.

Mr.Schmidtdescribeditasa"voluntaryecosystem"inwhich"individualsandanizationscanpleteonlinetransactionswith14,trustingtheidentitiesofeachotherandtheidentitiesoftheinfrastructure15whichthetransactionruns".

Still,theadministration'splanhas16privacyrightsactivists.Someapplaudtheapproach,othersareconcerned.Itseemsclearthatsuchaschemeisaninitiativepushtowardwhatwould17beapulsoryInter"drive'slicense"mentality.

Theplanhasalsobeengreetedwith18bysomeputersecurityexperts,whoworrythatthe"voluntaryecosystem"envisionedbyMr.SchmidtwouldstillleavemuchoftheInter19.TheyarguethatallInterusersshouldbe20toregisterandidentifythemselves,inthesamewaythatdriversmustbelicensedtodriveonpublicroads.

1.A.sweptB.skippedC.walkedD.ridden2.A.forB.withinC.whileD.though3.A.carelessB.lawlessC.pointlessD.helpless4.A.reasonB.reminderC.promiseD.proposal5.A.informationB.interferenceC.entertainmentD.equivalent6.A.byB.intoC.fromD.over7.A.linkedB.directedC.chainedD.pared8.A.dismissB.discoverC.createD.improve9.A.recallB.suggestC.selectD.realize10.A.relcasedB.issuedC.distributedD.delivered11.A.carryonB.lingeronC.setinD.login12.A.InvainB.IneffectC.InreturnD.Incontrast13.A.trustedB.modernizedc.thrivingD.peting14.A.cautionB.delightC.confidenceD.patience15.A.onB.afterC.beyondD.across16.A.dividedB.disappointedC.protectedD.united17.A.frequestlyB.incidentallyC.occasionallyD.eventually18.A.skepticismB.releranceC.indifferenceD.enthusiasm19.A.manageableB.defendableC.vulnerableD.invisible20.A.invitedB.appointedC.allowedD.forced

SectionIIReadingComprehension

PartA

Directions:

Readthefollowingfourtexts.AnswerthequestionsaftereachtextbychoosingA,B,CorD.MarkyouranswersonANSWERSHEET1.(40points)

Text1

RuthSimmonsjoinedGoldmanSachs'sboardasanoutsidedirectorinJanuary2000:ayearlatershebecamepresidentofBrownUniversity.Fortherestofthedecadesheapparentlymanagedbothroleswithoutattractingmucheroticism.Butbytheendof2016Ms.SimmonswasunderfireforhavingsatonGoldman'spensationmittee,howcouldshehaveletthoseenormousbonuspayoutspassunremarkedByFebruarythenextyearMs.Simmonshadlefttheboard.Thepositionwasjusttakinguptoomuchtime,shesaid.

Outsidedirectorsaresupposedtoserveashelpful,yetlessbiased,advisersonafirm'sboard.Havingmadetheirwealthandtheirreputationselsewhere,theypresumablyhaveenoughindependencetodisagreewiththechiefexecutive'sproposals.Ifthesky,andthesharepriceisfalling,outsidedirectorsshouldbeabletogiveadvicebasedonhavingweatheredtheirowncrises.

TheresearchersfromOhioUniversityusedadatabasehatcoveredmorethan10,000firmsandmorethan64,000differentdirectorsbetween1989and2004.Thentheysimplycheckedwhichdirectorsstayedfromoneproxystatementtothenext.Themostlikelyreasonfordepartingaboardwasage,sotheresearchersconcentratedonthose"surprise"disappearancesbydirectorsundertheageof70.Theyfountthatafterasurprisedeparture,theprobabilitythatthepanywillsubsequentlyhavetorestateearningsincreasedbynearly20%.Thelikelihoodofbeingnamedinafederalclass-actionlawsuitalsoincreases,andthestockislikelytoperformworse.Theeffecttendedtobelargerforlargerfirms.Althoughacorrelationbetweenthemleavingandsubsequentbadperformanceatthefirmissuggestive,itdoesnotmeanthatsuchdirectorsarealwaysjumpingoffasinkingship.Oftenthey"tradeup."Leavingriskier,smallerfirmsforlargerandmorestablefirms.

Buttheresearchersbelievethatoutsidedirectorshaveaneasiertimeofavoidingablowtotheirreputationsiftheyleaveafirmbeforebadnewsbreaks,evenifareviewofhistoryshowstheywereontheboardatthetimeanywrongdoingoccurred.Firmswhowanttokeeptheiroutsidedirectorsthroughtoughtimesmayhavetocreateincentives.OtherwiseoutsidedirectorswillfollowtheexampleofMs.Simmons,onceagainverypopularoncampus.

21.AccordingtoParagraph1,Ms.Simmonswascriticizedfor.

[A]gainingexcessiveprofits

[B]failingtofulfillherduty

[C]refusingtomakepromises

[D]leavingtheboardintoughtimes

22.WelearnfromParagraph2thatoutsidedirectorsaresupposedtobe.

[A]generousinvestors

[B]unbiasedexecutives

[C]sharepriceforecasters

[D]independentadvisers

23.AccordingtotheresearchersfromOhioUniversityafteranoutsidedirector'ssurprisedeparture,thefirmislikelyto.

[

1 2 3 4 5 6 7 8 9 10

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