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Some Risk Is Inherent in a Market and Cannot Be

question 89

Multiple Choice

Some risk is inherent in a market and cannot be avoided by diversifying within the market. This risk is called


Definitions:

Fraudulently

Fraudulently involves deceitful conduct or misrepresentation intended to achieve unjust gain or to deprive another of a right.

Bankruptcy

A legal status of a person or entity that cannot repay the debts it owes to creditors.

Implied Warranty

A warranty created by operation of law.

Solvent

The state of having assets exceed liabilities, allowing an individual or company to meet its financial obligations.

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