A 'Del Credere' Agent

question 66

Multiple Choice

A 'del credere' agent:

• A)Agrees to indemnify the principal in the event of non-performance by the third party.
• B)Is usually not entitled to a commission.
• C)Agrees to indemnify the principal in the event of negligence.
• D)Is authorised to do anything on behalf of the principal that the principal can do.

---

Definitions:

Prior Beliefs

Initial opinions or convictions held before being exposed to new evidence or information, often used in the context of Bayesian analysis.

Recent Experience

Refers to the latest or most current events or developments, often used in the context of assessing performance or trends.

Anomalies Literature

Studies and publications that investigate inconsistencies or deviations from common financial theories or market efficiency, often identifying patterns or behaviors that cannot be explained by traditional models.

Market Efficiency

The degree to which stock prices reflect all available, relevant information, making it impossible to consistently achieve higher returns.