A Security Embodied in a Certificate That Gives Ownership to the Holder

question 52

Multiple Choice

A security embodied in a certificate that gives ownership to the holder is known as a(n) ___________security.

• A) inscribed
• B) bearer
• C) government
• D) listed

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Definitions:

Foreign Corrupt Practices Act

A U.S. law aimed at preventing American businesses from bribing foreign officials to secure or maintain business.

Facilitation Payments

Payments made to speed up the actions that government officials are already bound to perform.

President Gerald Ford

The 38th President of the United States, serving from 1974 to 1977, known for his efforts to heal the country post-Watergate scandal.

Contracts

Legal agreements between two or more parties that are binding in law.