The Securities Act of 1933 Act Applies All of the Following

question 24

Multiple Choice

The Securities Act of 1933 act applies all of the following instruments and transactions except: ______.

• A) stocks.
• B) corporate bonds.
• C) variable annuities.
• D) cashier checks.

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Definitions:

TSX

The Toronto Stock Exchange, a major stock exchange in Canada.

Long-term Corporate Bonds

Debt securities issued by corporations with maturities longer than ten years, offering periodic interest payments and the return of principal at maturity.

Risk Level

The degree of uncertainty and potential financial loss involved in an investment decision.

Real Rate of Return

The annual percentage return realized on an investment, adjusted for changes in the price level due to inflation or other external effects.