The Largest Sector of the Asset-Backed Security Market Is the ________

question 8

Multiple Choice

The largest sector of the asset-backed security market is the ________ market.

• A)collateralized debt obligation
• B)mortgage-backed security
• C)real property-backed security
• D)double-barreled security

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Definitions:

Disclose

The act of making known or revealing information that was previously private, secret, or unknown.

Principal

In business contexts, refers to the amount of money loaned or invested, excluding interest or profit. In legal contracts, it can refer to the main parties involved in an agreement.

Agent

An Agent is an individual or entity authorized to act on behalf of another, known as the principal, in dealings with third parties.

Void

Legal term indicating that an agreement or contract has no legal force and is unenforceable as if it were never made.