Which of the following are legal obligations of a property owner with respect to an invitee?
I. The property owner must warn an invitee of any unsafe conditions.
II. The property owner must inspect the premises and eliminate any dangerous conditions revealed by the inspection.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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A risk averter is someone who
A) never takes risks. B) expects adequate compensation for undertaking risky investments. C) limits his or her investments to insured savings accounts. D) avoids risk by simply not investing.
The random walk hypothesis
A) implies that security analysis is unable to predict future market behavior. B) suggests that random patterns appear but only over long periods of time. C) has been disproved based on recent computer simulations. D) accounts for market anomalies such as calendar effects.