Institutional Investors Typically Account for About

question 47

Multiple Choice

Institutional investors typically account for about

• A) 90 to 95 percent of bond market trading.
• B) 40 to 50 percent of bond market trading.
• C) 10 to 15 percent of bond market trading.
• D) Less than 5% of bond market trading.
• E) None of the above.

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Definitions:

Past Consideration

Refers to an act or benefit given in the past that cannot be legally considered as an inducement for a contract.

Illusory Promise

A statement that appears to be a promise but is too vague or lacks the requisite commitment to be legally enforceable as a contract.

Promissory Estoppel

A legal principle that prevents a promisor from arguing that an underlying promise offered should not be legally upheld if the promisee has relied on that promise to their detriment.

Unilateral Contract

A type of contract in which only one party makes a promise to perform in exchange for an act by the other party.