QUESTION Brenda had health insurance that paid 80 percent of hospitalizations and other costs. Brenda was sick with cancer for two years, requiring that she have two surgeries, chemotherapy, and radiation therapy. Brenda was unable to work for a good part of that time, but in 2011 she was healthy and returned to work as […]
QUESTION Which of the following is NOT one of the six conditions that make a contract legally enforceable? A) offer B) agreement C) consent D) consideration E) legality ANSWER Answer: A Explanation: A) The two of the six conditions that make a contract legally enforceable and that are missing from the list are capacity […]
QUESTION Sinead had a tree on her property that blocked Marlon’s view of the meadow across the street from his house. Marlon got more and more annoyed by the tree’s presence until the day he cut down the tree when Sinead was at work. Sinead is able to sue Marlon for intentional tort. Indicate whether […]
QUESTION Which of the following is NOT one of the eight types of business law? A) contract law B) consumer-protection law C) environmental law D) bankruptcy law E) property law ANSWER Answer: C Explanation: C) Environmental law is not one of the eight types of business law.
QUESTION What is the point at issue between Amatriya and Tatsuya? A) Which investment strategy should Amatriya and Tatsuya use to manage their portfolio? B) How much money do they need in their portfolio to support the post-retirement lifestyle they plan to have? C) Can growth stocks increase in value more rapidly than blue-chip stocks? […]
QUESTION Which of the following, if true, most weakens Tatsuya’s argument? A) Tatsuya is an economics professor with a clear understanding of investments. B) Forbes magazine is respected by many investors as a source of sound financial advice. C) Just before the recession, their broker recommended that they move funds from stocks to bonds. D) […]
QUESTION Which of the following is the most important assumption that underlies Brandon’s advice? A) The industries represented by BoxCorps and Excelsior are likely to grow at the same rate in the next few years. B) Overall, stock market indices like NASDAQ and the Dow Jones are likely to grow to new highs in the […]
QUESTION Which of the following, if true, BEST supports Amatriya’s approach to augmenting the couple’s retirement savings? A) Forbes magazine reports that economic markets indicate that the European economy is about to enter an extended period of decline. B) Over a ten-year period, an aggressive growth-oriented portfolio usually outperforms a more conservative one. C) Many […]
QUESTION Which of the following, if true, most clearly undercuts Brandon’s advice? A) Aside from BoxCorps, all of the club’s previous choices have advanced in value. B) The father of one club member, who is a broker, thinks Circuits Unleashed is a wiser choice. C) BoxCorps has announced plans to open 100 new locations nationwide. […]
QUESTION Which of the following, if true, LEAST supports the decision to sell BoxCorps and purchase Excelsior as a prudent financial move? A) BoxCorps recently split its shares by two-for-one, so the club now owns twice as many shares of its stock as before. B) The club owns preferred stock of BoxCorps, while the shares […]
