Which of the Following Are Financial Assets

question 16

Multiple Choice

Which of the following are financial assets?
I. Debt securities
II. Equity securities
III. Derivative securities

• A) I only
• B) I and II only
• C) II and III only
• D) I, II, and III

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Definitions:

Block of Shares

A large number of shares in a company, usually bought or sold in a single transaction.

State Incorporation Statutes

Laws established by individual states that outline the process, requirements, and regulations for the formation of corporations within their jurisdiction.

Perpetual Existence

A characteristic of corporations that allows them to continue existing indefinitely, beyond the lives of their shareholders.

Charitable Donations

Contributions made to charitable organizations or for charitable purposes, often eligible for tax deductions.