准北美精算师的同学们，你们复习考试，近况如何呀？大家辛苦了，期待你们几个月后的捷报频传！
　　9.
　　ASSERTION
　　A trustee may engage in a
　　transaction that breaches another
　　duty to the detriment of the
　　participants because he is
　　instructed to do so in accordance
　　with the trust agreement.
　　BECAUSE
　　REASON
　　The trustee is under the obligation
　　to manage the trust in accordance
　　with the trust agreement.
　　Course 6: Spring 2004 - 17 - GO ON TO NEXT PAGE
　　Morning Session
 
　　10-16. Each of questions 10 through 16 consists of two lists. In the list at the left are two items,
　　lettered X and Y. In the list at the right are three items, numbered I, II, and III. ONE of
　　the lettered items is related in some way to EXACTLY TWO of the numbered items.
　　Indicate the related items using the following answer code:
　　Lettered Item
　　Is Related to Numbered Items
　　(A)
　　X
　　I and II only
　　(B)
　　X
　　II and III only
　　(C)
　　Y
　　I and II only
　　(D)
　　Y
　　I and III only
　　(E)
　　The correct answer is not given by (A), (B), (C) or (D).
　　10. X. Real Assets I. Patents
　　Y. Financial Assets II. Appear only on the asset side of the
　　balance sheet
　　III. Are created and de
　　高顿网校之名人哲理整理：青年人看问题几乎是老走极端的，因为从这种“过分”出发，青年人才不会在看到那么多羊毛挂路边的树上而听其自然。到了二十岁，青年人开始有点分寸，三十岁以前，棱角都磨光了。之后，因循守旧，八面玲珑，成了四处可转的嘹望塔。——罗曼·罗兰