Examlex
Diversification is most effective when security returns are ________.
Implied Authorization
An understanding that an agent has the approval to perform acts that are reasonably necessary to accomplish the purpose of an agency.
Offeror
The person or entity who makes a proposal or offer, especially in a contractual context.
Objective Standards
Criteria or benchmarks that are not influenced by personal feelings, interpretations, or prejudice; based on facts.
Subjective Standards
Criteria or guidelines that are based on personal opinions, feelings, or tastes, rather than objective, measurable indicators.
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