(I)The Total Cost of Carrying Out a Transaction in Financial

question 2

Multiple Choice

(I) The total cost of carrying out a transaction in financial markets increases proportionally with the size of the transaction.
(II) Financial intermediaries facilitate diversification when an investor has only a small sum to invest.

• A) (I) is true; (II) false.
• B) (I) is false; (II) true.
• C) Both (I) and (II) are true.
• D) Both (I) and (II) are false.

Understand the concept of breach of contract and its implications.

Differentiate between material and immaterial breaches.

Recognize the enforcement conditions related to performance standards in contracts.

Identify the significance of express and implied conditions in contract enforcement.

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Definitions:

Enduring Characteristics

Persistent traits or qualities that define an individual's personality or behavior over time.

General Tendencies

A term that refers to the common or usual patterns of behavior, thought, or emotion observed in an individual or group.

Alternate Form Reliability

A measure of reliability used to assess the consistency of test scores between different versions of the same test.

Test-retest Reliability

Test-retest reliability is a measure of consistency where the same test is administered to the same group of people at different times to assess the reliability over time.