Answer:
Price changes are independent but not biased in efficient market hypothesis.
Explanation:
In simple words, the efficient-market hypothesis asserts that asset prices represent all relevant knowledge. Because market rates must only respond to fresh knowledge it is difficult to continuously "beat the market" on something like a risk-adjusted approach.
Thus the given statement is partially true.
According to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.
<h3>What is s
ubrogation?</h3>
It consists of changing the debtor or the lender in a financing, which produces a delegation or a succession of duties.
It is linked to subrogating a legal or natural person for another, replacing it, modifying the contract in terms of fulfilling an obligation or exercising an attribution.
Therefore, we can conclude that according to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.
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Answer: The answer is given below
Explanation:
True.
It is true that Daniel Patrick Moynihan, the late senator from New York, once introduced a bill that would levy a 10,000 percent tax on certain hollow-tipped bullets.
False.
The high rate of the tax doesn't guarantee that it will bring about a large revenue. It should be noted that due to the rise in the tax rate, the revenue of the citizens will start to decrease. Here, we are even talking about a tax rate of 10,000 percent, this is a very high rate and can even lead to the tax revenue to almost be at zero level.
Senator Moynihan have proposed the tax rate in order to discourage the use of hollow-tipped bullets. He believed due to the high rate of tax, this will discourage people from purchasing it and hence lead to reduction in crime rate and other social vices associated with gun killing.
I think the correct answer from the choices listed above is option II. The purpose of a cover letter would be to <span>add more detailed information about experiences and skills that cannot be found in your curriculum vitae. Hope this answers the question.</span>
A still rectifier spirit is used in scotch production to account for the heads for the purpose of calculating duty.
<h3>what is still rectifier spirit ?</h3>
Rectified spirit, also known as neutral spirits, rectified alcohol, or ethyl spirits of agricultural origin, is highly concentrated ethanol that has been purified using repeated distillation in a procedure named rectification.
To more learn about, rectifier spirit, refer to:
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