If you earned a negative 5% return on your investments while the overall stock market was down 9% then you have outperformed the market

Indicate whether this statement is true or false.


Answer: TRUE

Business

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The binomial probability distribution is used with a(n) _____ random variable.

A. continuous B. discrete C. uniform D. intermittent

Business

Ray Patel, a local DJ, bought sound equipment from Backstage Equipment Inc and paid by three post-dated cheques of $10,000 each. Backstage took out a loan for $30,000 and endorsed the cheques to its bank as security for the loan

The equipment totally failed and Patel wants to stop payment against the bank. Will he be successful? A) Yes, because the equipment did not work. B) Yes, if he put a stop payment before the due dates on the cheques C) No, because the bank is a holder in due course. D) No, because the bank actually lent $30,000 to Backstage. E) No, because the bank has a loan agreement with Backstage.

Business

Which of the following refers to the right of a tenant to use property without the interference of the landlord?

a. Quiet enjoyment b. Actual maintenance c. Eminent domain d. Causa mortis

Business

Steering and targeting occur when a lender manipulates a borrower into accepting a loan product that benefits the lender but is not the best loan for the borrower.

Answer the following statement true (T) or false (F)

Business