Which of the Following Statements Is CORRECT

question 16

Multiple Choice

Which of the following statements is CORRECT?

• A) Capital market instruments include both long-term debt and common stocks.
• B) An example of a primary market transaction would be your uncle transferring 100 shares of Wal-Mart stock to you as a birthday gift.
• C) The NYSE does not exist as a physical location; rather, it represents a loose collection of dealers who trade stocks electronically.
• D) If your uncle in New York sold 100 shares of Microsoft through his broker to an investor in Los Angeles, this would be a primary market transaction.
• E) While the two frequently perform similar functions, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise large blocks of capital from investors.

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Definitions:

Free Radicals

Unstable, highly reactive atoms or molecules, formed during metabolism, that can cause internal bodily damage.

Muscular Dystrophy

A group of genetic disorders characterized by progressive weakness and degeneration of the skeletal muscles that control movement.

Late-Onset Diabetes

A common term for type 2 diabetes, which is characterized by the body's ineffective use of insulin and typically develops in adulthood.

Genetic-Programming Theories

Theories that explain biological aging as resulting from a genetically determined developmental timetable.