Examlex
Which of the following two states are the only ones to use legislative appointment for judicial selection?
Debt Instrument
A debt instrument is a document or contract representing a loan made by an investor to a borrower, specifying terms of repayment and interest.
Equity Investment
Funds invested in a company by purchasing shares of its stock, representing ownership interest.
Derivative
A derivative is a financial security with a value that is reliant upon or derived from, an underlying asset or group of assets—such as stocks, bonds, commodities, currencies, interest rates, or market indexes.
Equity Contracts
Agreements that represent ownership interest in a corporation, potentially including options, warrants, and other financial instruments.
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