Examlex
Which of the following are ineffective strategies for producing excess returns if the market is semistrong-form efficient?
I.graphing past prices searching for patterns
II.watching the daily market movements
III.studying the latest analyst's reports
IV.analyzing a firm's financial statements
Criminal Law
The legal system dealing with crimes and their punishment, encompassing laws that define criminal acts and establish sanctions for violators.
Bankruptcy and Insolvency
Legal statuses of an individual or entity that cannot repay the debts it owes to creditors, with bankruptcy being a formal declaration and process and insolvency being a financial state.
Common Law
A body of unwritten laws based on legal precedents established by the courts, as opposed to statutory laws enacted by legislative bodies.
Charter
A document that establishes a city, company, or university, outlining its rights, privileges, and purposes, or it can refer to the hiring or leasing of a ship, aircraft, or bus.
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