________ Are Investment Advisory Firms That Rate the Quality of Corporate

question 89

Multiple Choice

________ are investment advisory firms that rate the quality of corporate and municipal bonds in terms of probability of default.

• A) Financial institutions
• B) Credit-rating agencies
• C) Securities companies
• D) none of the above

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Definitions:

Skills

The abilities or expertise acquired through practice and learning, enabling effective action in particular tasks.

Agreeableness

A personality trait that reflects an individual's tendency to be compassionate, cooperative, and friendly towards others.

Good-Natured

Possessing or characterized by a pleasant, kind, and friendly disposition.

Empathetic

Having the ability to understand and share the feelings of another person.