Which of the Following Financial Assets Is Least Likely to Have

question 32

Multiple Choice

Which of the following financial assets is least likely to have an active secondary market?

• A) common stock of a large public firm
• B) bank loans made to smaller firms
• C) bonds of a major, multinational corporation
• D) debt issued by the U.S. Treasury

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Definitions:

Induction

A method of reasoning in which general principles are derived from specific observations, opposite of deduction.

Psychogenic

Refers to symptoms or conditions that originate from mental or emotional causes rather than physical ones.

Repression

Repression is a psychological defense mechanism where unpleasant thoughts, memories, or desires are kept out of conscious awareness.

Preconscious

Part of the mind that contains thoughts and feelings that are not currently in consciousness but can be readily brought to consciousness.