Direct Securities

question 43

Multiple Choice

Direct securities:

• A)are contracts between savers and institutions
• B)are contracts between savers and borrowers
• C)represent the financial asset of the borrower and the claim on the saver
• D)represent the claim on the institution

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Definitions:

Symbolic Ethnicity

A term referring to an ethnic identity that is only expressed on specific occasions and does not significantly impact the individual's daily life, often characteristic of later generations of immigrants.

Scapegoat

An individual or group blamed for wrongdoings, mistakes, or faults of others, often as a means of deflecting responsibility or criticism.

Employment Equity

Policies and practices designed to eliminate discrimination and promote equal opportunity in the workplace for all individuals, regardless of background.

Minority Group Members

Individuals belonging to a socially subordinate group that is distinguished by ethnicity, race, religion, or sexual orientation.