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.
Answer:
$30.40
Explanation:
($40 million − $2 million) / 1.25 million shares = $30.40
Answer:
"Whereas coupons offer deals up front, with the purchase of the product, rebates can be redeemed only after purchase. ... With coupons the uncertainty is resolved before purchase; with rebates the uncertainty is resolved after purchase."
Explanation:
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Society gains advantages through trade because of its ability to refine tasks that are connected with production and specialize resources to the uses where opportunity cost is minimized.
<h3>What is trade?</h3>
Trade can be defined as the exchange of goods and service or the act of buying and selling.
Hence, Society tend to gains advantages through trade based on the fact that its ability to refine tasks that are associated with production as well as specialize resources to the uses where opportunity cost are reduced or minimized.
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If a person receives any call, messages or emails and verify online security information, including passwords and account numbers, it is known as phishing.
<h3>What does phishing mean?</h3>
Phishing refers to the social engineering attack that is often used to steal and get the user data which may includes login credentials, credit card numbers, OTP etc.
It is an online attacking activity when criminals use scam and fake emails, text messages or phone calls to steal the information about the people in order to hack their accounts.
Basically, phishing is a cyber crime.
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