History, 11.03.2021 20:20 kkingstone1231
Several years ago, Chelsea was given a painting by a famous artist. She planned to keep it as an
investment, hoping its value would increase so that she could sell it and make a profit. Several years
later, Chelsea had costly emergency surgery, and she did not have enough money in her savings to
pay for the procedure. Fortunately, the painting had substantially increased in value and she decided
to sell it. She found a reputable art dealer who told her that market conditions would make it difficult to
sell the painting for its full value in the next six months. Chelsea needed the money immediately, so the
art dealer offered to buy the painting at a deep discount.
How would you describe the financial risk that Chelsea faces?
Answers: 1
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7. how did the early egyptians use the flooding of the nile river to their advantage? they diverted the water to flood their enemy's lands and destroy their crops. they created an easier way to travel to the mediterranean sea and the indian ocean. they established a new water-based athletic event for the ancient olympics in greece. they devised an innovative irrigation system, which created a surplus of food.
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Several years ago, Chelsea was given a painting by a famous artist. She planned to keep it as an
in...
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