All of the Following Are Basic Categories of Financial Assets

question 82

Multiple Choice

All of the following are basic categories of financial assets except

• A) Money market securities.
• B) Stocks (equity).
• C) Deeds (titles).
• D) Bonds (debt).
• E) All of the above represent financial assets.

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Definitions:

Torts against Property

Legal wrongs that result in harm to someone's property, including acts such as trespassing, vandalism, and theft.

Torts against Economic Interest

Legal wrongs committed that cause financial harm or damage to a person’s economic position.

Strict-liability

A legal doctrine in tort law that holds a party responsible for their actions or products, without the need to prove negligence or fault.

Inherently Dangerous

Activities or items possessing potential for significant harm due to their nature.