Which of the Following Is NOT True About WEBS

question 14

Multiple Choice

Which of the following is NOT true about WEBS?

• A) They are, in essence, international mutual funds.
• B) They are traded on the exchange.
• C) They track indices of individual countries.
• D) Legally they are private investment partnerships.

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Definitions:

Enforceability

The ability of a legal document or agreement to be upheld or compelled in a court of law.

Mentally Incapacitated Persons

Individuals who are not able to make decisions for themselves due to mental disabilities or conditions, impacting their ability to understand or communicate effectively.

Voidable Contract

A valid contract that can be legally voided at the option of one of the parties.

Delusions

Fixed, false beliefs that conflict with reality, often occurring as symptoms of psychiatric conditions.