An Express Contract

question 15

Multiple Choice

An express contract

• A)must be in writing.
• B)may be inferred by the conduct of the parties involved.
• C)has both parties setting forth their intentions.
• D)is not valid in many states.

Understand the concept of the expected return on an investment and how it is calculated.

Learn about the beta coefficient as a measure of a stock's market risk.

Grasp the fundamentals of the Capital Asset Pricing Model (CAPM) and the Security Market Line (SML).

Understand how the coefficient of variation is used to compare investment risks.

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Definitions:

Lvalue

A location value, representing an object that occupies some identifiable location in memory (such as a variable), which can be assigned a value.

Assignment Operator

The operator (=) used to assign a value to a variable in programming.

Garbage Value

An undefined or meaningless value that a variable can have, due to uninitialized memory or memory leaks.

Postfix Increment

An operator used to increase the value of a variable by one, but the evaluation takes place after the current statement's value is accessed.