Quantitative Techniques Have Become Less Intimidating with the Advent of ________

question 64

Multiple Choice

Quantitative techniques have become less intimidating with the advent of ________.

• A) training of these techniques in college
• B) sophisticated computer software
• C) managers with better mathematical skills
• D) digital image processing

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Definitions:

Constructive Trust

A legal remedy imposed by a court to prevent unjust enrichment, transforming the holder of property into a trustee for the benefit of another party.

Resulting Trust

A trust that arises by implication of law when property is transferred under circumstances suggesting that the transferee was not intended to have the beneficial interest.

Totten Trust

A type of revocable trust created by depositing funds into a bank account with a designated beneficiary, often used for avoiding probate upon the depositor's death.

Spendthrift Trust

A trust designed to prevent the beneficiary's creditors from accessing the trust funds, providing financial protection for the beneficiary.