Stretching Clay and Having It Not Return It to Its

question 70

Multiple Choice

Stretching clay and having it not return it to its original shape when the force is removed is an example of ________ deformation.

• A) elastic
• B) plastic
• C) clay
• D) brittle

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Definitions:

Hedge Fund Fee Structure

The compensation arrangement between hedge funds and their managers, typically involving a management fee plus a performance fee based on the fund's returns.

Management Fee

A charge levied by an investment manager for managing an investment fund's portfolio of securities.

Incentive Fee

A fee charged by hedge funds equal to a share of any investment returns beyond a stipulated benchmark performance.

Incentive Fees

Incentive fees are payments made to fund managers for generating positive returns, usually a percentage of the investment profit above a specific benchmark.