CHAPTER 1 QUIZ 11 TO 15
11. The Tax Act of 2003 offers greater potential for wealth accumulation.
True False
12. The age and economic circumstances of an investor are important variables in determining an appropriate level of risk.
True False
13. It is generally thought that young, upwardly mobile people should take less risk than elderly people living on a fixed income.
True False
14. Commodity futures are a form of financial asset.
True False
15. Diamonds represent a form of real assets, but cattle do not.
True False