Which of the Following Statements Is CORRECT

question 10

Multiple Choice

Which of the following statements is CORRECT?

• A) The New York Stock Exchange is an auction market,and it has a physical location.
• B) Home mortgage loans are traded in the money market.
• C) If an investor sells shares of stock through a broker,then it would be a primary market transaction.
• D) Capital markets deal only with common stocks and other equity securities.
• E) While the distinctions are blurring,investment banks generally specialize in lending money,whereas commercial banks generally help companies raise capital from other parties.

---

Definitions:

Unconscionability

A doctrine in contract law that describes terms that are so extremely unjust or overwhelmingly one-sided in favor of the party who has the superior bargaining power.

Non Est Factum

A legal defense asserting that a contract is invalid because the signer was unaware of its true nature due to misinformation or misunderstanding.

Duress

A situation where a person performs an act as a result of violence, threat, or pressure against them.

Breach of Contract

The violation of any terms or conditions in a contract without a lawful excuse.