Which One of the Following Is an Example of an Economic

question 216

Multiple Choice

Which one of the following is an example of an economic investment?

• A) putting money in a bank CD
• B) buying a corporate bond or stock
• C) purchasing shares of a mutual fund
• D) building a new bank office

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Definitions:

Mentally Incompetent

A legal status referring to an individual's lack of capacity to make decisions due to mental disability or illness.

Disaffirmance

The legal right of a party to reject or void a contract or agreement, often due to factors like minority status or duress.

Improvidence

Lack of foresight or care in managing finances, often leading to unnecessary expenditure or loss.

Capacity

The legal ability of a party to enter into a contract.