_______ Law Creates, Defines, and Regulates Rights and Liabilities

question 36

Multiple Choice

_______ law creates, defines, and regulates rights and liabilities.

• A) Statutory
• B) Constitutional
• C) Substantive
• D) Procedural

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Definitions:

Securities

Financial instruments that represent an ownership position in publicly-traded corporations (stocks), a creditor relationship with a governmental body or a corporation (bonds), or rights to ownership as represented by an option.

Bond Prices

are the market value of bonds, which inversely correlate with interest rates; when rates go up, bond prices typically go down, and vice versa.

Interest Rates

The proportion of a total amount of money that is levied for its utilization, typically stated on a yearly basis.

Money Supply

The absolute total of money-related assets within an economy at a particular time.