Which of the Following Is False

question 53

Multiple Choice

Which of the following is false?

• A)Securitization is the process whereby relatively illiquid financial assets are packaged together and sold off to individual investors.
• B)Asset-backed securities result from the process of securitization.
• C)Securitization is a form of indirect finance.
• D)Securitization originated in the mortgage market in the early 1980s.

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Definitions:

Invention of the Transistor

The development of a semiconductor device used to amplify or switch electronic signals, introduced in 1947, revolutionizing the field of electronics and leading to the creation of modern electronic devices.

Federal Government

The national government of a federal state, which shares power with subnational entities such as states or provinces.

Civil Rights Act

Legislation passed in the United States, notably in 1964, aimed at ending discrimination based on race, color, religion, sex, or national origin, and promoting equal opportunity.

U.S. Commission on Civil Rights

An independent, bipartisan agency established by the United States federal government in 1957 to investigate, report on, and address civil rights issues in the U.S.