MATCHING -State Laws That Provide for the Descent and Distribution of of Property

question 31

Multiple Choice

MATCHING
-State laws that provide for the descent and distribution of property to those whom a decedent would probably have chosen if the decedent had made a will

• A)chattel
• B)chose in action
• C)nonprobate property
• D)intestate succession statutes
• E)joint tenants
• F)partition
• G)community property
• H)commingling
• I)fee simple estate
• J)remainder
• K)digital assets

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Definitions:

Market Risk Premium

The extra return investors expect to earn from holding a risky market portfolio instead of risk-free assets.

Diversification

An investment strategy that involves spreading out investments across various financial instruments, industries, and other categories to reduce risk.

Fundamentally Different Industries

are industries that vary greatly in their nature, operations, market dynamics, and regulatory environments.

Expected Return

The anticipated amount of profit or loss an investment generates, based on historical data or probabilistic estimates.