An Investment Company Is

question 101

Multiple Choice

An investment company is

• A) A corporation that handles the administrative functions for a fund.
• B) A corporation that has its major assets in a portfolio of securities.
• C) A corporation that invests in financial services firms.
• D) a and b. .
• E) a and c

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Definitions:

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico, aimed at eliminating trade barriers and promoting economic integration among these countries.

WTO

The World Trade Organization, an international body that regulates trade agreements and assists in resolving trade disputes among countries.

Offshore Purchases

Buying goods or services from suppliers located in another country, typically for cost savings.

Lead Time

The duration between the initiation and the completion of a production process or the delivery of a service.