A probability tree is a graphical representation of how events occur through time, which is useful for calculating probabilities

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The difference between an inter vivos gift and a gift causa mortis is that the inter vivos gift is made during the donor's lifetime and a gift causa mortis is a gift is made after the donor's lifetime by the donor's estate

a. True b. False Indicate whether the statement is true or false

Business

Even though a business firm can be viewed as a portfolio of assets, firms are not rewarded for selecting a diversified portfolio of assets because investors can more efficiently diversify the risk on their own

Indicate whether the statement is true or false

Business

Angel capitalists or angels are wealthy individual investors who do not operate as a business but invest in early-stage companies in exchange for a portion of equity

Indicate whether the statement is true or false

Business

Which of the following must a broker disclose?

A) Dual agency B) Sub-agency C) That he/she is the buyer D) All of the above E)?None of the above

Business