If the Efficient Market Hypothesis Is Correct,then

question 3

Multiple Choice

If the efficient market hypothesis is correct,then

• A)index funds should typically beat managed funds,and usually do.
• B)index fund should typically beat managed funds,but usually do not.
• C)mutual funds should typically beat index funds,and usually do.
• D)mutual funds should typically beat index funds,but usually do not.

Distinguish between negotiable and nonnegotiable documents in goods-in-bailment contracts and shipment contracts.

Assess the legal outcomes of used car transactions involving stolen vehicles and the concept of good title in the context of good-faith purchasing.

Understand concepts of insurable interest and its impact on various parties in a transaction.

Analyze court rulings related to insurable interest and risk of loss.

---

Definitions:

Transfer Price

The price at which goods or services are transferred between departments or subsidiaries of the same company.

Pump Division

A specialized unit or segment within a company focused on the production or sales of pump-related products.

Outside Supplier

An external entity that provides goods or services to a company, often used in the context of manufacturing or procurement.

Operating At Capacity

A situation where a business is utilizing all available resources to produce goods or services at maximum output.