Which of the Following Is a True Statement About the Dow

question 159

Multiple Choice

Which of the following is a true statement about the Dow Jones Industrial Average?

• A) it is based on 30 industrial stocks
• B) it is based on 50 transportation stocks
• C) it is a composite index for the 500 largest industrial publicly traded companies
• D) it is based on 100 utilities stocks
• E) it contains 50 blue chip stocks

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Definitions:

UCC

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States.

Secured Transactions

involve agreements in which the borrower provides the lender a security interest in personal property as collateral for a loan.

Personal Property

Any property that is not real property, including movable objects, vehicles, furniture, and intellectual property.

Security Agreement

A legal document that provides a lender a security interest in a specific asset or property pledged as collateral for a loan.