(I)The Primary Issuers of Capital Market Securities Are Financial Institutions

question 37

Multiple Choice

(I) The primary issuers of capital market securities are financial institutions.
(II) The largest purchasers of capital market securities are corporations.

• A) (I) is true, (II) false.
• B) (I) is false, (II) true.
• C) Both are true.
• D) Both are false.

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Definitions:

Mill

Refers to John Stuart Mill, a British philosopher and economist best known for his contributions to the philosophy of Utilitarianism and liberty.

Autonomy

The capacity of individuals to make informed, uncoerced decisions about their own lives and actions.

Duty

A moral or legal obligation to perform or refrain from performing some action, often derived from one's role, position, or circumstances.

Happiness

A state of well-being and contentment, often considered as an aim in life and a factor in evaluating the quality of life.