Which of the Following Is True Regarding an Uncertificated Security

question 55

Multiple Choice

Which of the following is true regarding an uncertificated security?

• A) A registered security is a type of an uncertificated security.
• B) Its ownership is recorded only on the books of the issuer.
• C) It is dealt in on securities exchanges.
• D) Most developed countries prevent companies from using uncertificated certificates.

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