Which Statement Is Incorrect

question 62

Multiple Choice

Which statement is incorrect?

• A) Fundamental analysis assumes that an analyst can study all the published information in relation to an entity and determine whether its shares are under/over-valued.
• B) Fundamental analysis assumes that an analyst should concentrate on studying data about an entity from a primary source and give little weight to secondary sources of information.
• C) Fundamental analysis is engaged in by many analysts.
• D) Fundamental analysis assumes that an analyst can study all the published information in relation to an entity and determine whether its shares are ly valued.

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Definitions:

Unenforceable Contracts

Agreements that, due to legal deficiencies, cannot be upheld or enforced by the courts.

Void Contracts

Agreements that are illegal or against public policy and therefore unenforceable by law.

Bilateral Contract

A contract in which the promise of one of the parties forms the consideration for the promise of the other.

Unilateral Contract

A contract where one party makes a promise in exchange for an act by the other party.