Which of the Following Statements Is Incorrect

question 96

Multiple Choice

Which of the following statements is incorrect?

• A) The over-the-counter market operates in a fixed location to conduct trades for local stocks.
• B) Liquidity is the ease with which an asset can be converted into cash.
• C) An initial public offering is an example of a primary market transaction.
• D) Money market instruments have maturities of less than one year.

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Definitions:

Behaviorism

A branch of psychology that focuses on (relatively) simple explanations for outward behavior and is unconcerned with the inner workings of the mind.

Social Learning Theory

Social learning theory proposes that new behaviors can be acquired by observing and imitating others, highlighting the importance of social influences on learning.

Psychoanalysis

The study of the dynamics of the mind developed by Sigmund Freud.

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively, often preferring critical thinking and evidence over dogma or superstition.