Which of the Following Is Not a Phase of Every

question 78

Multiple Choice

Which of the following is not a phase of every business cycle?

• A)Trough
• B)Expansion
• C)Contraction
• D)Depressions
• E)Peak

---

Definitions:

Shelf Registration

A regulatory process that allows a company to register a new issue of securities without having to sell the entire issue at once.

Securities

Financial instruments representing some type of financial value, such as stocks, bonds, or options.

Knowledgeable Investors

Individuals or entities that possess an understanding and experience in financial and business matters, making them capable of evaluating investment risks and merits.