Examlex
Which of the following is FALSE?
Proportionate Ownership
Ownership shares in a company or asset divided among investors in proportion to their investment.
Efficient Markets
A financial market hypothesis suggesting that asset prices fully reflect all available information, making it impossible to consistently achieve higher-than-average returns.
Informed Markets
Markets where all participants have access to all relevant information, leading to more efficient price determination.
Residual Claim
Stockholders’ claim to income and assets is the residual after all other claims are satisfied.
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