Use the Following Description of Terms to Answer the Matching

question 70

Short Answer

Use the following description of terms to answer the matching questions below:
A) forecasting future expenses and savings
B) uncertainty on a potential return on an investment
C) what you own
D) determining how much money you should set aside for retirement
E) what you owe
F) decisions regarding how much money to hold in liquid form and how to allocate funds among short term investments
G) determining how your wealth will be distributed before or upon your death
H) current value of what you own minus what you owe
I) source of current information about a variety of topics
J) access to funds to cover any short-term cash deficiencies
-risk

• A) forecasting future expenses and savings
• B) uncertainty on a potential return on an investment
• C) what you own
• D) determining how much money you should set aside for retirement
• E) what you owe
• F) decisions regarding how much money to hold in liquid form and how to allocate funds among short term investments
• G) determining how your wealth will be distributed before or upon your death
• H) current value of what you own minus what you owe
• I) source of current information about a variety of topics
• J) access to funds to cover any short-term cash deficiencies
• -risk

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Definitions:

Binding Contracts

Agreements that are legally enforceable in a court of law, with all parties having agreed to the terms.

Joint Tenancy

A form of co-ownership where two or more persons hold an equal interest in a property with the right of survivorship.

Evidenced In Writing

A requirement or practice where the details of an agreement or transaction are documented in written form as proof or validation of its terms.

Statutory Requirements

Legal obligations imposed by a statute that individuals or organizations must follow.