QUESTION Which of the following, if true, makes it prudent for Jorge to take Felicia’s advice? A) If Jorge doubles his investment, he will be able to make a down payment on a sports car he really wants to own. B) Jorge wishes he had taken a chance on purchasing a platinum contract last year, […]
Date: September 3rd, 2020
QUESTION Suzanne contends that her landlord, Felipe, needs to replace the nonworking stove in her apartment. Felipe says there is nothing in the lease requiring him to provide a stove to his tenant. Suzanne says that because he provided a stove when she moved in, he is required to maintain it and replace it if […]
Date: September 3rd, 2020
QUESTION Which of the following, if true, most weakens Amatriya’s argument? A) In a downturn, growth stocks tend to decline in value much more dramatically than blue-chip stocks. B) The last recession was the most serious one in more than 75 years. C) The owners of Forbes magazine have an extensive portfolio of bonds. D) […]
Date: September 3rd, 2020
QUESTION Administrative laws pertain only to a company’s administrative personnel. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Administrative laws are generated by government administrative bodies.
Date: September 3rd, 2020
QUESTION Which of the following, if true, most weakens Felicia’s argument? A) Even among experienced traders, 85 percent of commodity trades lead to losses rather than profits. B) Precious metals continue to appreciate in value, but not as rapidly as they did last year. C) Felicia balances her commodities investments among several different products. D) […]
Date: September 3rd, 2020
QUESTION Precedents, the decisions judges made in past court cases that become guides to handling new cases, apply only to international law. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Precedents apply to new cases in all kinds of law.
Date: September 3rd, 2020
QUESTION All of the following might be a possible result of taking Felicia’s advice EXCEPT which one? A) Jorge purchases several truckloads of corn and loses money on the storage costs. B) Jorge chooses a commodity that becomes very desirable and makes him a lot of money. C) Jorge chooses a commodity that declines rapidly […]
Date: September 3rd, 2020
QUESTION If Jorge takes Felicia’s advice, what is the most important information to learn before he places an order? A) What is the difference between a futures contract and a commodity exchange? B) Can commodities be traded as part of an exchange-traded fund? C) What market factors might make a given commodity rise in price […]
Date: September 3rd, 2020
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? […]
Date: September 3rd, 2020
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) […]
Date: September 3rd, 2020
