The Hypothesis That Market Prices Reflect All Available Information of Every

question 19

Multiple Choice

The hypothesis that market prices reflect all available information of every kind is called ________ form efficiency.

• A)open
• B)strong
• C)semistrong
• D)weak
• E)stable

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Definitions:

Drawer's Account

The bank account on which a check is drawn; the account belonging to the individual who has written the check.

Bank Liability

Refers to the legal obligations and responsibilities of a bank, including potential debts or legal liabilities arising from its operations.

Cashier's Check

A cashier's check is a check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.

Drawer

The person or entity that issues or writes a check or draft, instructing their bank to pay the stated amount to the party named on the document.