Which of the Following Is True of a Certificated Security

question 31

Multiple Choice

Which of the following is true of a certificated security?

• A) Its ownership is recorded only on the books of the issuer.
• B) A bearer security is not a certificated security.
• C) It cannot be transferred by negotiation.
• D) It is dealt in on securities exchanges.

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Definitions:

Basic Propositions

Fundamental statements or principles that form the basis for a system of belief or reasoning.

Proactive Personalities

Individuals who actively shape their environments, taking initiative to improve their situation rather than passively adapting to circumstances.

Traits

Enduring characteristics or qualities that define an individual's behavior.

Achievement-oriented

Having a strong desire or determination to achieve success or accomplish specific goals, often through significant effort.