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Which of the Following Came from the Spitzer V Bank

Question 3

Multiple Choice

Which of the following came from the Spitzer v Bank of New York case?


A) Portfolios do not necessarily have to be diversified
B) The fact that a portfolio went up in value is not evidence it was managed prudently
C) A loss of value is evidence of imprudent management
D) A reasonable person may occasionally speculate

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