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B. The shipping condition
C. The delivering plant
D. The shipping point
Answer: B,C
NEW QUESTION: 2
A. Option D
B. Option A
C. Option E
D. Option C
E. Option B
Answer: B,E
NEW QUESTION: 3
According to the Prudent Investor Rule, the trustee must: - adhere to loyalty, impartiality and prudence - maintain overall portfolio risk at a reasonable level - provide for reasonable ________ of trust investments - act with prudence in deciding whether and how to delegate authority to experts and in selecting and supervising agents - be cost conscious when investing
A. none of these answers
B. supervision
C. diversification
D. commitment
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Modern Portfolio Theory dictates that trustees consider a portfolio in its entirety and not just on an investment-by-investment basis. As a fiduciary, therefore, the trustee must: - adhere to fundamental fiduciary duties of loyalty, impartiality and prudence. - maintain overall portfolio risk at a reasonable level - the trade-off between risk and return is the fiduciary's central concern. - provide for reasonable diversification of trust investments. - act with prudence in deciding whether and how to delegate authority to experts and in selecting and supervising agents. - be cost conscious when investing.
NEW QUESTION: 4
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A. Backup controller
B. Local
C. Standalone
D. Master
E. Primary
Answer: B,C,D
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