When considering portfolio risk management, the lender needs to be concerned with which of the following:

Unless otherwise agreed, joint ventures share profits/losses ________ and have an equal voice in controlling the project.

Fill in the blank(s) with the appropriate word(s).

If the probability of drawing an Ace from a deck of cards is 0.077 and the probability of rolling a "2" using a fair die is 0.167, then the probability of drawing an Ace and rolling a "2" is

a. 0.244 b. 0.090 c. 0.454 d. 0.013 e. 0.333