If You Were to Create a Trust by Your Will,which

question 108

Multiple Choice

If you were to create a trust by your will,which becomes active only after you die,then you have created a(n)

• A)terminal trust.
• B)revocable living trust.
• C)irrevocable living trust.
• D)testamentary trust.

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Definitions:

Firm-Specific Factors

Unique characteristics or circumstances affecting a company that can influence its stock's performance, unrelated to the overall market movements.

Common Macroeconomic Factor

Economic variables that affect a broad segment of the economy and consequently can influence the performance and value of financial investments.

Uncertainty

The degree of variability in investment returns, often associated with the lack of predictability in markets and future events.

Well-Diversified Portfolio

A portfolio that contains a mix of assets in such a way as to reduce the risk of investing by spreading investments across various sectors, industries, or asset classes.