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In Most States, an Individual Can Be an Officer or a Director

question 40

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In most states, an individual can be an officer or a director of a corporation, but not both at the same time.​


Definitions:

Risky Portfolio

An investment portfolio that contains a higher percentage of assets with greater volatility and potential for loss, aiming for higher returns.

Complete Portfolio

A diverse investment portfolio that covers a wide range of securities in order to mitigate risk through diversification.

Standard Deviation

A numerical index representing the variation or spread in a collection of data points or financial returns.

Sharpe Ratio

A measure used to evaluate the risk-adjusted return of an investment portfolio, calculated by subtracting the risk-free rate of return from the portfolio's return and dividing by the portfolio's standard deviation of returns.

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