Arbitrage Causes an Equalization of the _________ When Assets Are

question 79

Multiple Choice

Arbitrage causes an equalization of the _________ when assets are identical or nearly identical.

• A) levels of risk of assets
• B) rates of return of assets
• C) time when payments are made from assets
• D) prices of assets

Understand the distinctions between administrative and criminal laws.

Acknowledge the requirement for administrative decisions to comply with the principles of natural justice.

Realize the implications of administrative control over business activities, including registration and licensing requirements.

Understand the impact of government regulation on the freedom of individuals and the creation of a bureaucracy.

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Definitions:

Automated Teller Machines

Electronic banking outlets that allow customers to complete basic transactions without the need for a branch representative or teller.

Takeovers

The acquisition of one company by another, in which the acquiring company obtains a controlling interest in the target company.

Interest Income

Income earned from deposit accounts or from investing in interest-bearing financial instruments.

Purchasing Power

The worth of a currency depicted by how many goods or services can be purchased with one unit of it.