A preexisting duty ________ consideration to support a new contract.

A. is sufficient
B. in government contracts can be sufficient
C. between family members is sufficient
D. is not sufficient


Answer: D

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As a selling point, durability commands a particularly high pricing premium, especially for products that are subject to rapid technological obsolescence, as are personal computers and video cameras

Indicate whether the statement is true or false

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How many covariances are required to calculate the standard deviation of a portfolio containing 100 securities?

a) 100 b) 10,100 c) 4500 d) 5050 e) 4,950

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Supervisors may find it harder to be fair when they supervise their own relatives. In the context of the ethical behavior of supervisors, this situation can result from practicing ________.

A. disloyalty B. dishonesty C. egotism D. nepotism

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________ permits issuers to sell up to $5 million of securities to the public during a 12-month period, pursuant to a simplified registration with the SEC

A) SEC Rule 506 B) Section 12 of the Securities Act of 1933 C) Section 5 of the Securities Act of 1934 D) Regulation A

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