A Failure by the Settlor to Name a Trustee Renders

question 47

True/False

A failure by the settlor to name a trustee renders a trust invalid.

Understand and calculate the dollar rate of return on investments.

Calculate capital gains yield and comprehend its significance in evaluating investment performance.

Estimate the probability of investment losses based on statistical measures.

Know how to compute geometric and arithmetic average returns.

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Definitions:

Gigahertz (GHz)

A unit of frequency equal to one billion cycles per second, commonly used to measure the clock speed of computer processors.

Nonvolatile Storage

A type of storage that retains data even when power is turned off, such as hard drives, flash drives, and SSDs.

Temporary Storage Space

Space in a computing device used to store data that is needed for short periods, often cleared after its purpose is served.

Primary Circuit Board

The main printed circuit board (PCB) in a computer or electronic device, which houses the CPU, memory, and other critical components.