A Fully Efficient Market Will Eliminate Which One of the Following

question 10

Multiple Choice

A fully efficient market will eliminate which one of the following?

• A)Cyclical patterns
• B)Daily price fluctuations
• C)Unexpected price declines
• D)All abnormal profits except those related to insider trading
• E)Price increases over any period of time in excess of six months

---

Definitions:

Intentional Wrongful Disclosure

The deliberate sharing of confidential or protected information without authorization.

Ethical Issues

Concerns or problems that arise in the realm of morality and values, affecting decisions and actions in personal and professional contexts.

Power of Attorney

A formal document granting one individual the power to represent another in matters of law or finance.

Unilateral Mistake

This occurs when only one party to a contract is mistaken about a fundamental fact of the contract, which can affect the enforceability of the contract.