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In an Agency by Ratification,the Principal Approves Of,or Agrees to Be

question 81

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In an agency by ratification,the principal approves of,or agrees to be bound by,the agent's unauthorized act.


Definitions:

Systematic Risk

A type of risk associated with the entire market or a particular market segment that remains unaffected by diversification efforts.

Risk Free Rate

The rate of return on an investment with no risk of financial loss, often represented by government bonds.

Beta

A calculation of the extent to which a stock's price swings in comparison with the overall market.

Market Risk

The risk of losses in investments due to factors that affect the overall performance of the financial markets.

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