Which of the Following Statements Is True

question 56

Multiple Choice

Which of the following statements is true?

• A)A closed-end investment company is a specialised firm that invests in securities and assets of other firms.
• B)A closed-end investment company is a specialised firm that invests in securities and assets of other firms but has a fixed supply of shares outstanding itself.
• C)A closed-end investment company is a specialised firm that invests in securities and assets of other firms but has a variable supply of shares outstanding itself.
• D)A closed-end investment company has a variable supply of shares outstanding itself.

---

Definitions:

Long-Term Memory

The aspect of memory capable of storing information for prolonged periods, ranging from a few minutes to a lifetime.

Retroactive Inhibition

The phenomenon where newer memories interfere with the recall of older memories.

Interference

A cognitive theory that proposes that people forget information because other information learned either before or after interferes with its retrieval.

Retroactive Interference

The phenomenon where newly acquired information interferes with the recall of previously learned information.