Interests or Instruments That Are Expressly Mentioned in Securities Acts

question 28

Short Answer

Interests or instruments that are expressly mentioned in securities acts are ________ securities.

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Definitions:

Honour

A quality that combines respect, being esteemed, and a sense of ethical conduct.

Bill of Exchange

A written, unconditional order by one party directing another party to pay a specified sum of money to a third party on demand or at a future date.

Liable

Legally responsible or obligated.

Manufacturer's Warranty

A promise by the maker of a product regarding the condition, quality, or lifespan of the item they sell.