A Security Originally Sold by a Business or Government to Raise

question 57

Multiple Choice

A security originally sold by a business or government to raise money is called a(n) :

• A)derivative.
• B)primary asset.
• C)primary debt.
• D)futures contract.
• E)option contract.

---

Definitions:

Secret Ingredient

A unique or undisclosed component that makes something, particularly a recipe or product, special or successful.

Lowest Terms

The simplest form of a fraction when both the numerator and the denominator are reduced to their smallest possible numbers.

Common Shares

Equity investments representing ownership rights in a corporation, entitling holders to vote on company matters and receive dividends.

Lowest Terms

The simplest form of a fraction, where the numerator and denominator are reduced to their smallest values.