Rank the following assets from the lowest level to the highest level of (i) transaction costs, (ii) risk, and (iii) liquidity. Ties are acceptable for items that have indistinguishable rankings. a. a bank deposit with a guaranteed interest rate b. a share of a highly diversified mutual fund, which can be quickly sold c. a share of the family business, which can be sold only if you find a buyer and all other family members agree to the sale
Bus 207- Law and Responsibilities of Business Notes Jeff Radding – free legal advice th Final: Friday, June 10 @ 4:10pm 4/18/16 Video: The Man Who Sells the Moon - Dennis Hope has been selling property on the moon since 1980, talked to the UN & never got a response back with a problem, costs about $24 to buy a property, “novelty gift”, sell around 200 properties a day ~1.7mil a year TORTS - A civil wrong against persons or their property. In laymen’s terms, this means that somebody (the defendant) “screwed up” and hurt or injured somebody else (the plaintiff). - Primary aim: to compensate injured persons for such harms, seek to shift the risk of loss t