A Financial Asset Is Considered a Security If

question 252

Multiple Choice

A financial asset is considered a security if

• A)the owner of the security receives dividends and realizes a capital gain when the asset is sold.
• B)it can be sold in a secondary market.
• C)its value increases after it is sold in a primary market.
• D)its value is secure; that is,the owner will not suffer a financial loss when the asset is sold.

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Definitions:

Security Breeches

Incidents that result in unauthorized access or damage to computer systems, data, or networks.

RFID

Refers to Radio-Frequency Identification, a method utilizing electromagnetic fields to automatically detect and monitor tags affixed to items.

Onboard Purchases

Transactions made during a flight or maritime voyage, typically involving snacks, meals, beverages, or duty-free products.

Carnival Corporation

A multinational leisure travel company, which operates a fleet of cruise ships and is considered one of the largest travel leisure companies in the world.