Use the Table for the Question(s)below

question 59

Multiple Choice

Use the table for the question(s) below.
-Consider an ETF that is made up of one share each of IBM,MRK,and C.The minimum bid price for this ETF in a normal market is closest to:

• A)$162.85
• B)$163.00
• C)$168.00
• D)$168.10

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Definitions:

Vicarious Liability

A legal doctrine that holds a person or entity legally responsible for the actions of another person, even if they were not directly involved in the incident, commonly applied in employer-employee relationships.

Sixth Amendment

An amendment to the U.S. Constitution that guarantees rights to criminal defendants, including the right to a speedy and public trial, an impartial jury, to be informed of criminal charges, and to counsel.

Double Jeopardy

A legal principle that prohibits an individual from being tried twice for the same offense.

Grand Jury Indictment

A formal charge or accusation of a serious crime issued by a grand jury based on presented evidence.