Administrative regulations are laws passed by various governmental boards, departments, commissions, and agencies

Which one of the following statements is correct?

A) An investor's level of risk tolerance is determined strictly by the investor's age. B) An investor's risk tolerance is affected by his or her family situation. C) The less money invested and the younger the investor, the lower the level of risk tolerance. D) Investors with high levels of risk tolerance will primarily invest in U.S. Treasury securities. E) The lower your level of risk tolerance, the higher you will move up the investment pyramid when selecting investments.

Which of the following describes the efficacy of legislation like the California Transparency in Supply Chains Act?

A. It is ineffective because it only requires disclosure of information about suppliers' working conditions and does not govern those suppliers B. It is effective because it requires disclosure of information about suppliers' working conditions and does not govern those suppliers. C. It is ineffective because it uses consumer stakeholders to pressure suppliers and make changes. D. It is effective because it expects NGOs, state governments, and political action committees to influence suppliers' working conditions.