Examlex
The variance of returns for a risky asset is 25%.The variance of the error term,Var(e) ,is 8%.What portion of the total risk of the asset,as measured by variance,is systematic?
Quantum Meruit
“As much as he has earned.” A quasi-contractual remedy that permits a person to recover a reasonable price for services and/or materials requested, where no price is established when the request is made.
Specific Performance
A court order requiring a party to fulfill their obligations under a contract, rather than providing a financial compensation for failing to fulfill it.
Opera Singer
A performer, usually professionally trained, who specializes in singing classical music compositions in operas.
Rembrandt Drawing
An artwork rendered in pencil, ink, or another medium by Rembrandt van Rijn, a renowned Dutch artist known for his paintings and drawings.
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