Stocks and Bonds Are the Primary Examples of Negotiable Instruments

question 81

True/False

Stocks and bonds are the primary examples of negotiable instruments of ownership or debt.

---

Definitions:

Sales Increase

A rise in the volume or amount of products or services sold by a business.

Break-Even Sales

The amount of revenue needed to cover both fixed and variable expenses, resulting in a net income of zero.

Variable Expenses

Costs that change in proportion to the activity of a business.

Fixed Expenses

Expenses that remain constant regardless of the amount of goods produced or sold, including lease payments, wages, and coverage costs.