Because Stock Is Intangible Personal Property,a Stockholder's Ownership of the Stock

question 20

Multiple Choice

Because stock is intangible personal property,a stockholder's ownership of the stock

• A)exists independently of the stock certificate itself.
• B)cannot exist without a tangible stock certificate.
• C)cannot exist without the original stock certificate
• D)cannot be transferred to another person.

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Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, typically used to assess inflation.

Inflation Rate

The growth rate in the common price range for goods and services, downgrading the practical purchasing scope.

Money Supply

The aggregate financial assets at a specific time in an economy.

Price Rise

An increase in the cost of goods or services, often reflecting factors like inflation, increased production costs, or higher demand.