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Alex Ar [27]
3 years ago
9

One of your customer accounts is a trust account. The trustee of the trust is inexperienced in investing.

Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

A) The duty to diversify the trust portfolio to reduce risk

Explanation:

The Uniform Prudent Investor Act (UPIA) requires trustees to make investments following the Prudent Person Rule. This means that trustees should invest the trust funds as if the trustee was a prudent person investing his/her own assets.

The best way to comply with the prudent person rule is to invest in a diversified portfolio that reduces risk.

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Sophie is willing to sell her used economics textbook for $30. Ruby is willing to pay $60 for the used economics textbook. Sophi
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Answer:

The correct answer is option A.

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So, both of them have a gain of $15 from trade.

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The following were selected from among the transactions completed by Caldemeyer Co. during the current year. Caldemeyer sells an
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"The chief advantage of the _______ is that it allows the firm to specialize in satisfying the needs and characteristics of a sp
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