Which of the Following Is TRUE of a Securities Exchange

question 95

Multiple Choice

Which of the following is TRUE of a securities exchange?

• A)It serves as an intermediary by channeling the savings of individuals,businesses,and governments into loans or investments.
• B)It borrows funds directly from the financial institutions.
• C)It is an association of banks who meet to buy and sell stocks and bonds.
• D)It provides a marketplace in which firms can raise funds through the sale of new securities and purchasers can resell securities.

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Definitions:

Serious Illness

A health condition that has a significant effect on a person's life activities, potentially requiring medical attention or treatment.

Nursing Home

A residential facility providing care and living accommodations for elderly or disabled individuals requiring constant health care support.

Duress

A situation in which someone performs an act as a result of violence, threat, or other pressure against them, often impacting the legality or validity of agreements made under such conditions.

Undue Influence

Improper or unfair persuasion exerted on someone to coerce them into making a decision they would not otherwise make.