When Examining the Size and Efficiency of Financial Markets,we Want

question 9

Multiple Choice

When examining the size and efficiency of financial markets,we want to distinguish between:

• A) the number of securities outstanding and the trading activity of the market (a measure of its liquidity).
• B) the value of securities outstanding and the number of securities on the market.
• C) the number of brokers in the market and the trading activity of the market.
• D) the value of securities outstanding and the trading activity of the market.

---

Definitions:

Missing Price

A situation where the cost or value of an item is not listed or known.

UCC

A wide-ranging collection of statutes, the Uniform Commercial Code, regulates commercial activities across the United States.

Leases Of Goods

agreements in which one party (the lessee) is granted the right to use certain goods owned by another party (the lessor) for a specified time period and under certain conditions.

Voidable Title

A title that is capable of, or subject to, being judged invalid or void.