A Security That Represents Direct Ownership Interest in a Corporation

question 58

Multiple Choice

A security that represents direct ownership interest in a corporation and allows the owner to share in the profits is known as which of the following?

• A) a mortgage bond
• B) common shares
• C) preferred shares
• D) a convertible bond

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Definitions:

Meg

A common short form of the name Megan or Margaret.

Untapped Resources

Resources, often natural, that have not been used yet and hold potential value.

Manned Mission

A space exploration journey where human astronauts are sent to space, as opposed to robotic or unmanned missions.

NASA

The National Aeronautics and Space Administration, a United States government agency responsible for the nation's civilian space program and for aeronautics and aerospace research.