Mutual funds offer investors all of the following except
A) greater-than-average returns.
B) diversified portfolios.
C) lower transaction costs.
D) professional investment management.
A
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The effects of disintermediation can include all of the following except:
A. keeping intermediaries satisfied B. cannibalization C. more direct relationships with customers D. displaced sales E. new value proposition
Jennifer runs her own business. An auditor observes some discrepancies in the company's finances, and the case is taken to court. In a trial, a subpoena requires her to produce the books and records related to her business
Which of the following statements is true about this scenario? A) If the business is run as a corporation, the Fifth Amendment to the U.S. Constitution's privilege against self-incrimination allows Jennifer to refuse to produce the records. B) If the business is run as a sole proprietorship, the Fifth Amendment to the U.S. Constitution's privilege against self-incrimination allows Jennifer to refuse to produce the records. C) The Fifth Amendment to the U.S. Constitution's privilege against self-incrimination extends to custodians of corporate records, which allows Jennifer to refuse to produce the records. D) The Fifth Amendment to the U.S. Constitution's privilege against self-incrimination extends to all forms of business, which allows Jennifer to refuse to produce the records.