All of the Following Are True of the Statute of Frauds

question 20

Multiple Choice

All of the following are true of the Statute of Frauds, EXCEPT:

• A) the name is taken from the English law of 1677.
• B) the name is a derivative of a law called "An Act for Prevention of Frauds and Perjuries."
• C) it does not prohibit a person from legally entering into oral contracts.
• D) it applies to executory and executed contracts.

---

Definitions:

Net Return

The profit or loss from an investment after all expenses, including taxes, fees, and costs, have been subtracted.

Market Neutral

An investment strategy aiming to achieve returns independent of the overall market direction by simultaneously buying assets expected to rise and shorting assets expected to fall.

Beta

Beta is a measure of a stock's volatility in relation to the overall market; the market itself has a beta of 1.0, and individual stocks are ranked according to how much they deviate from the market.

Derivative Strategies

Derivative strategies involve using financial instruments, such as futures, options, and swaps, to hedge against market risks or to speculate for profit.