(Modify This Question for Your Jurisdiction

question 72

Multiple Choice

(Modify this question for your jurisdiction.) Bill,a college graduate,rented office space under a two-year lease.He needed the space because he contracted with the provincial government to create a program to integrate the various inventories of different government agencies.Bill hired Janet and Fred as full-time programmers for one year.He bought three desks for cash.He bought a $2000 laser printer,for which his dad signed as a guarantor.He bought another computer from a different seller under a conditional sales contract.Which of these contracts should be evidenced in writing to be enforceable?

• A) the contract with the government, because it will take more than a year to complete
• B) the employment contracts
• C) the contracts for the desks
• D) his dad's guarantee
• E) the lease

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Definitions:

Beta

A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).

Minimum Variance Portfolio

The minimum variance portfolio represents an investment portfolio constructed to achieve the lowest possible volatility or risk for its expected return, based on the correlation between assets.

Efficient

The ability to achieve a desired result without wasted energy or effort.