Which One of the Following Is Generally True Concerning Securities

question 64

Multiple Choice

Which one of the following is generally true concerning securities held in street name?

• A)The securities are registered under your mailing address rather than your name.
• B)There is a greater likelihood the security may be stolen.
• C)All dividend checks are mailed to your street address.
• D)The annual stock report is mailed directly to your street address.
• E)The brokerage firm is the owner of record.

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Definitions:

Money Wages

Wages paid to employees in terms of money, as opposed to real wages, which are wages adjusted for inflation.

Real Wages

The purchasing power of wages or income, taking into account the effects of inflation on buying power.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.

Economic Rent

The extra income earned by a resource over its opportunity cost.