Most States Have a General Corporation Code,and Anyone Who Satisfies

question 42

True/False

Most states have a general corporation code,and anyone who satisfies code requirements and files the necessary papers with the government may automatically become a corporation.

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Definitions:

Nonsystematic Variance

The portion of an investment's total variance that is specific to the investment itself, not related to the overall market movements, and can be reduced by diversification.

Market Index

A statistical measure that represents the value of a section of the stock market, compiled from the prices of selected stocks to gauge market trends or portfolio performance.

Active Portfolio

An investment portfolio that is actively managed with the goal of achieving returns that outperform a specific benchmark or market index.