Answer: Offset their losses with gains
Explanation:
Diversification reduces the risk of losses because it spreads investment out across different industries that are ideally negatively correlated so that if things in one industry go wrong for instance, things will go right in the other.
For instance, the investor could invest in both Ice cream companies and Hot Beverage companies with the idea being that in winter when the Ice Cream company losses sales, the Hot Beverage company would make up for it and vice versa in the summer.
Diversification therefore works by offsetting losses in one investment with gains in another.
Political Action Committee (PAC) — A popular term for a political committee organized for the purpose of raising and spending money to elect and defeat candidates. Most PACs represent business, labor or ideological interests. PACs can give $5,000 to a candidate committee per election (primary, general or special).
Answer:
c. Legalism.
Explanation:
One [philosophy in Chinese society that believes in the forced attempts to change people to act properly through the use of restrictive regulations is known as legalism. This philosophy believes in the need for the people to be confined with some rules so as to benefit the society. It puts the need for order as superior above any other human concerns.
Improvement of the human situation with the help of examples or education or even moral values is useless for the legalists who believe in the need for a strong government and the implication of strict laws and regulations.
He worked as a president in united states
