Which of the Following Statements Is False

question 50

Multiple Choice

Which of the following statements is false?

• A) The most familiar stock index in the United States is the Dow Jones Industrial Average (DJIA).
• B) A portfolio in which each security is held in proportion to its market capitalization is called a price-weighted portfolio.
• C) The Dow Jones Industrial Average (DJIA) consists of a portfolio of 30 large industrial stocks.
• D) The Dow Jones Industrial Average (DJIA) is a price-weighted portfolio.

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Definitions:

Negotiable Document

A written instrument, such as a bill of exchange, promissory note, or check, that guarantees payment of a specific amount of money and is transferable among different parties.

Goods-in-bailment

Items that are temporarily delivered to someone (the bailee) for custody or storage, without transfer of ownership.

Deliver to Order

A stipulation in shipping where goods are delivered to a specific party as per the instructions of the shipping document or bill of lading.

Innocent Purchaser

A legal term for someone who buys property without knowledge of any existing claims, disputes, or flaws affecting the property's title.