Before 1970 , mutual funds invested almost solely in corporate bonds.
Explanation:
A corporate bond is defined as that bond that a corporation normally issue so that they can raise finance for various reasons related to ongoing operation or so that the business can be expanded.
During 1952 ,6.5 million Americans had common stock. Due to the Great Depression that happened in 1930s and the market crash that happened in 1950 scared people a lot ,thus they kept themselves aside from stock. During 1950 it was a time consuming as well as expensive investment process. During 1950 people had limited investment choice and the concepts related to overseas were not in the scenario.
Answer:
There are usually three ways that people react to change: Be non-active. Be reactive. Be proactive and positive
Explanation:
A valid contract must have consideration, which calls for both parties to receive something of value and give up something of value. Therefore, <u>consideration </u>is the correct answer.
<h3>Why is consideration an important element of a contract?</h3>
A contract's consideration clause explains why each party is participating in the agreement, making it one of the most crucial elements.
Consideration can be the exchange of goods or services for cash, as well as the trading of one kind of good for another. The parties must exchange something of value in order to make a contract that is enforceable in court.
"Consideration" is the name given to this variable. One of the three essential elements needed to create a contract is a consideration.
Consideration is sometimes described as the fee charged by one party in exchange for a promise made by the other. Only when all parties are involved in an agreement binding in court.
Only when both parties are required to provide something and receive something is an agreement considered legally enforceable.
Therefore, consideration is one of the most crucial components of a legal contract.
Check out the link below to learn more about contract consideration;
brainly.com/question/17179342
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