Which of the Following Statements Best Describes Financial Markets

question 18

Multiple Choice

Which of the following statements best describes financial markets?

• A) Financial markets lower the cost and increase the speed of buying and selling financial instruments.
• B) Financial markets increase the speed of buying and selling, but they also increase the cost since people are earning fees for these transactions.
• C) Financial markets are a good example of unregulated markets.
• D) Financial markets today offer fewer instruments than they did in the past.

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Definitions:

Reimburse

To repay money that has been spent or lost, often associated with expenses incurred during employment or other approved activities.

Redecorating

Redecorating involves making changes to the decoration of an interior space, such as altering its style, layout, or furnishings, to refresh or update its appearance.

Expenses

Costs incurred during the operation of a business or the execution of a task.

Passive Fraud

A failure to reveal some material fact about the subject matter of a contract that one party is obligated to reveal to the other party and that intentionally deceives that second party, leading him or her into a damaging contract. Also called concealment and nondisclosure.