Which One of the Following Correctly Applies to Hedge Funds

question 1

Multiple Choice

Which one of the following correctly applies to hedge funds?

• A) highly liquid
• B) must be highly diversified
• C) available to the general public
• D) vast array of investment objectives
• E) limited investment options

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Definitions:

Re-Perfect

The act of renewing or restoring a security interest or claim in property to its original status or priority, generally after it has been lapsed or compromised.

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure a loan or obligation.

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's asset, used in securing financing.

Perfected

In law, refers to a state where a security interest or lien secures payment or performance of an obligation to its fullest legal extent.