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Suppose that a long, lost, and very rich Uncle has passed away and left you with $1,000,000 to invest. After exploring several options, you have

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Suppose that a long, lost, and very rich Uncle has passed away and left you with $1,000,000 to invest. After exploring several options, you have decided that the best course of action is to hire a financial advisor. The financial advisor says that the best sort of contract is that he should get paid by the number of trades he makes. A) What kind of a contract is this? B) Do you think that the proposed contract is a good idea? Explain why or why not. C) How should you structure a more fair (optimal) contract? 1 i. B I . E s % Next pa

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