Which of the following statements is(are) correct concerning hedge funds?
I. They are highly regulated.
II. They hedge all positions to limit risks.
III. Management and other fees are extremely low compared to other types of funds.
IV. Access is limited to institutions and high net worth or high income individuals.
A) I, II and III only
B) II and IV only
C) IV only
D) I, II, III and, IV
Answer: C
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Which of the following statements most accurately explains the behavior of costs?
A) Costs can be fixed, variable, or a combination of both. B) The majority of costs are variable per unit of production. C) The majority of costs are fixed per unit of production. D) Mixed costs are treated as variable costs.
Alexander did not make many sales this quarter. He considered adding a few fake entries to his quarterly report. However, he decided not to do so when the boss mentioned that the new computer software is designed to catch any inconsistencies. It appears Alexander is at the _________ of moral development.
A. preconventional level B. conventional level C. postconventional level D. neoconventional level
How do courts decide who is liable for torts committed by an agent?
What will be an ideal response?
The Restatement Third, Torts:
A) was approved in its final form by the American Law Institute in 1995. B) addresses the elements of the tort action for liability for accidental personal injury, including property damage and liability for economic loss. C) covers emotional harm and landowner liability. D) All of these.