John writes a memo to his employees. Putting his thoughts onto paper is an example of:

The insurance policy represents the cost element of a contract

Indicate whether the statement is true or false

Which of the following statements is false regarding the portfolio selection problem?

A) The typical objective is to maximize the expected return on investment. B) The constraints only pertain to risk. C) Typical applications include banks, mutual funds, investment services, and insurance companies. D) The problem typically includes both greater-than-or-equal-to and less-than-or-equal-to constraints. E) The problem can also factor in legal requirements.