Short-term United States Treasury bills are widely used as proxies for risk-free assets, yet the returns on these
T-bills are consistently greater than zero. Is this consistent with the concept of a risk-return trade-off?
What will be an ideal response?
Yes. Investors also require a return for delaying consumption as well as a return for taking on risk.
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a. tells your audience what to think. b. lets the audience know your speech’s subject and purpose. c. introduces your sources. d. identifies the evidence included in the body of your speech.
Which of the following best defines separation of powers?
A) It is a constitutional doctrine that distributes power among the three branches of the government. B) It is a constitutional doctrine that permits federal laws to stand if they do not conflict with a state law. C) It is a constitutional doctrine mandating that a federal court in diversity jurisdiction must apply federal law. D) It is a constitutional doctrine that gives the secretary of defense the power to execute the laws.
The same job evaluation plan that has been developed using benchmark jobs must be applied to non-benchmark jobs.
Answer the following statement true (T) or false (F)
Alice is browsing in a commercial art gallery when she sees a painting that she likes. Arthur, who is the manager of the gallery, tells her that in his opinion the painting is a genuine Leroy Neiman work. Based upon that representation, Alice buys the work for $5,000 . She later discovers that the painting is only a cheap copy of the original that is worth no more than $50 . Arthur has:
a. breached an express warranty to Alice that the painting is a Neiman work. b. breached the warranty of merchantability. c. not breached a warranty because he was merely expressing his opinion. d. breached an express warranty, the warranty of merchantability, and the warranty of fitness for a particular purpose.