A 25-Year-Old Single Investor with a Secure, Full-Time Job That

question 37

True/False

A 25-year-old single investor with a secure, full-time job that pays $60,000 would likely prefer investments with less risk.

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Definitions:

Stop Payment

An order given by an account holder to their bank to not pay a specific check that has been issued or to halt a payment that has been requested.

Heirs

Individuals legally entitled to receive a portion of a deceased person's estate under the laws of inheritance.

Deceased

A term used to describe a person who has died.

Stop-Payment Order

A request made to a bank to cancel a cheque that has not been processed yet.