Which of These Statements Is True

question 88

Multiple Choice

Which of these statements is true?

• A) When people purchase a stock, they know exactly what their dollar and percent return are going to be.
• B) Many people purchase stocks as they find comfort in the certainty for this safe form of investing.
• C) When people purchase a stock, they know the short-term return, but not the long-term return.
• D) When people purchase a stock, they do not know what their return is going to be-either short term or in the long run.

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Definitions:

Third Parties

Individuals or entities who are not directly involved in a legal agreement or contract but may be affected by it.

Actual Notice

A legal term referring to the direct and clear knowledge about a fact or situation.

Orally

Orally means communicated or expressed through spoken words rather than in written form or by any other means of communication.

Expressed Agency

An agency relationship clearly stated in oral or written terms.