Markets in Which Funds Are Transferred from Those Who Have

question 93

Multiple Choice

Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called

• A)commodity markets.
• B)fund-available markets.
• C)derivative exchange markets.
• D)financial markets.

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Definitions:

Limited Warranties

Warranties that cover only certain parts, certain defects, or have other specific limitations established by the seller.

Used Car Dealers

Businesses specialized in selling pre-owned vehicles to consumers.

Strict Liability

The doctrine under which people may be liable for injuries to others whether or not they have been negligent or committed an international tort. Also called absolute liability.

Unavoidably Dangerous

Products or activities that cannot be made completely safe, no matter the amount of caution used in their design or execution.