Which of the Following Statements Is True

question 40

Multiple Choice

Which of the following statements is true?

• A) Long-term bonds tend to pay less interest than short-term bonds.
• B) Government bonds pay less interest than comparable corporate bonds.
• C) Investment funds are riskier than single stock purchases because the performance of so many different firms can affect the return of a mutual fund.
• D) A stock index is a directory used to locate information about selected stocks.

Understand the concept of proper presentment and notice requirements in negotiable instruments.

Grasp the nuances of endorser liability and the order of liability among endorsers and makers of promissory notes.

Comprehend the legal implications of unauthorized signatures and their ratification.

Recognize the conditions under which alterations to promissory notes affect liability.