"Survival Risk" is the uncertainty due to

	a.	the firm whose stock or bonds you hold suffering an adverse event which affects its operating expenses.
	b.	the individual outliving their wealth in their retirement years.
	c.	death and assets being transferred without a will.
	d.	changes in asset prices.
	e.	your favorite person being thrown off the island.

For an orderly transfer of assets upon death, a will does not need to include

	a.	a written signature at the end.
	b.	if married, provisions for assigning assets if both spouses die simultanbeously.
	c.	a statement that the person constructed the will being of sound mind.
	d.	a statement of assignment of funds from life insurance policies or pensions that have assigned beneficiaries.
	e.	one or more statements about the assignment of various assets to individuals.

Mutual funds represent an attractive choice for long-term investment for all reasons except for

	a.	being accessible for small savers.
	b.	giving rates of return similar to those of the overall bond or stock markets.
	c.	offering a variety based upon different characteristics of bonds or stock.
	d.	enabling individual investors to pick the exact bonds and stocks to purchase.
	e.	offering long-term average rates of return greater than interest rates on bank deposits.