Cathy buys an exclusive territory in which she is authorized to set up a plant to make delite dairy products. after receiving the recipes, cathy begins making evie's-brand yogurt and other delite products. this is select one: a. a distributorship franchise. b. a chain-style franchise. c. not a franchise. d. a manufacturing franchise.

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

Why is investing in a mutual fund less risky than investing in a particular company’s stock?