Which of the Following Is an Organisation That Pools and Invests

question 27

Multiple Choice

Which of the following is an organisation that pools and invests money on behalf of its clients?

• A)A stock exchange
• B)An investment advisor
• C)An asset consultant
• D)A fund manager
• E)A stockbroker

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Definitions:

Consumer Goods

Products that are purchased by individuals for personal or household use, rather than by businesses or for industrial purposes.

Oral Express Warranties

Verbal promises made by a seller to a buyer about the nature or quality of the product being sold.

Sales Agreement

A contract between a buyer and seller outlining the terms and conditions of a sale of goods or services.

Liability

The state of being legally responsible for something, often referring to financial obligations incurred through actions or by contract.