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A Method of Rating Performance in Which the Rater Chooses

question 59

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A method of rating performance in which the rater chooses from statements that appear equally favorable or equally unfavorable is known as the


Definitions:

Bonds

Fixed-income investments representing a loan made by an investor to a borrower, typically corporate or governmental.

Security

A financial instrument representing an ownership position in a publicly-traded corporation (stock), a creditor relationship with a government or a corporation (bond), or rights to ownership as represented by an option.

Intrastate Exemption

Refers to exceptions within state regulations that allow certain activities to occur without needing to comply with broader federal laws or regulations.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for enforcing federal securities laws, regulating the securities industry, and overseeing the nation's stock and options exchanges.

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