The Statement That There Are No Free Lunches on Wall

question 95

Multiple Choice

The statement that there are no free lunches on Wall Street suggests that:

• A) the market is strong-form efficient.
• B) there is no return to technical or fundamental analysis.
• C) security prices reflect all available information.
• D) food purveyors are capitalists.

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Definitions:

Challenge For Cause

A request made by an attorney that a potential juror be removed from the jury panel because he or she is clearly biased and will be unable to hear the case fairly.

Implicit Challenge

a challenge that is not directly expressed or articulated but is implied or understood from the context or behavior.

Peremptory Challenge

A legal practice allowing attorneys to reject a certain number of potential jurors without stating a reason.

Authoritarianism

A political system characterized by strong central power and limited political freedoms.