The Process of Managing a Portfolio Never Stops

question 301

Multiple Choice

The process of managing a portfolio never stops. Once the funds are initially invested according to the plan, the real work begins in:

• A) Evaluating the portfolio's performance
• B) Updating the portfolio based on changes
• C) Examining current and projected financial goals
• D) A and B both

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Definitions:

Mistake Of Fact

An error made regarding a fact that is material to a contract, which can affect the validity of the contract if the mistaken belief was a basis for its formation.

Peerless Case

The Peerless case, formally known as Raffles v Wichelhaus, is a leading English contract law case that established the doctrine of mutual mistake when both parties of a contract are mistaken about an essential term of the contract.

Scienter Misrepresentation

A false representation made knowingly, without belief in its truth, or recklessly without caring whether it is true or false.

Unilateral Mistake

An error made by one party during the formation of a contract that may affect the enforceability or terms of the agreement.