The Advantage of a "Buy-And-Hold Strategy" Is That

question 77

Multiple Choice

The advantage of a "buy-and-hold strategy" is that

• A)net profits will tend to be higher because there will be fewer brokerage commissions.
• B)losses will eventually be eliminated.
• C)the longer a stock is held,the higher will be its price.
• D)profits are guaranteed.

Implement strategies to avoid credit card fraud.

Comprehend the significance of credit reports and what information they contain.

Understand the criteria used by banks (the 5 Cs of credit) to evaluate creditworthiness.

Know federal consumer credit laws and their protections for consumers.

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Definitions:

Type

A category or class that individuals or things can be grouped into based on shared characteristics or qualities.

Implied Warranty

A legal term for the unspoken and unwritten guarantees that the law assumes goods or services must meet.

Trade Custom

Established practices and patterns of behavior that are widely accepted within a particular industry.

Contract

A contract between two or more entities that is recognized by law and entails shared responsibilities.