All of the Following Became Possessions of the United States

question 150

Multiple Choice

All of the following became possessions of the United States under the provisions of the Treaty of Paris with Spain except

• A) Puerto Rico.
• B) Guam.
• C) the Philippine Islands.
• D) Hawaii.
• E) Manila.

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Definitions:

Systematic Risk

The danger that affects the whole market or a specific segment of the market, commonly referred to as market risk.

Unsystematic Risk

The risk specific to an individual asset or company, such as management decisions or product recalls, which can be mitigated through diversification.

Diversification

An investment strategy that involves spreading investments among various financial instruments, industries, or other categories to minimize risk.

Diversifiable Risk

The risk that can be reduced or eliminated from a portfolio through diversification, as opposed to non-diversifiable risk.