Acme was a petroleum wholesaler who supplied heating oil to retail oil companies. When oil producing countries cut world wide production of oil by 50% to protest certain political actions, Acme, along with other wholesalers in the world, was unable to get the oil necessary to meet his contractual obligations. In an action for breach of contract, Acme's best defense is

MySQL uses MySQL OLD transition variables with triggers to access old data updated or deleted from a table row

Indicate whether the statement is true or false

Which one of the following statements is FALSE?

A) When we compute the return of a security based on the average payoff we expect to receive, we call it the expected return. B) The notion that investors prefer to have a safe income rather than a risky one of the same average amount is call risk aversion. C) Because investors are risk averse, the risk-free interest rate is not the right rate to use when converting risky cash flows across time. D) The more risk averse investors are, the higher the current price of a risky asset will be compared to a risk-free bond.