Which of the following statements does not apply to portfolio theory?
a. It is the foundation for the capital asset pricing model.
b. It is the foundation for capital market or security price research.
c. It holds that risk can be eliminated by holding a portfolio of investments.
d. It is a theory of rational investment choice and utility maximization.
ANSWER: C
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The supervisor should ask what kind of questions of the employee during the performance evaluation discussion?
a. Tough b. Direct c. Open-ended d. Closed-ended
Between which of the following parties would a fiduciary relationship exist giving rise to a presumption of undue influence?
A) Between a bus driver and a regular passenger. B) Between an account and his client C) Between a lawyer and his client D) Both A and C E) Both B and C
A channel of distribution is a series of firms or individuals participating in the flow of products from the producer to the consumer.
Answer the following statement true (T) or false (F)
Which statement best defines “strategic philanthropy?”
a. The donor is interested in how the gift will benefit him or her. b. The donor is interested in what results will be accomplished with the gift. c. The donor spreads his or her gifts round to many different organizations. d. The gift is made on the death of the donor. e. The term only applies to foundation giving.