Financial Assets That Represent the Partial Ownership of a Firm

question 48

Multiple Choice

Financial assets that represent the partial ownership of a firm and ability to share in its profits are called:

• A)equities.
• B)fiduciaries.
• C)intermediaries.
• D)credit risks.

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Definitions:

Claim Messages

Communications asserting a right or demand for action or compensation, typically in the context of customer service or insurance.

Positive Manner

An approach or method characterized by optimism, constructiveness, or affirmative attitude.

Replacement

The act of substituting one item or person for another, often to fill a vacancy or to update with something newer or better.

Favorable Response

A positive or supportive answer, reaction, or reply.