Which of the Following Is NOT a Primary Investor in Preferred

question 58

Multiple Choice

Which of the following is NOT a primary investor in preferred stock?

• A) Commercial banks
• B) Corporations
• C) Insurance companies
• D) Pension funds

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Definitions:

Fundamental Duty

A basic or essential obligation that is imposed on an individual or entity by law, morality, or contract.

Bailments

A legal relationship where personal property is transferred from one party to another under agreement that the property will be returned or otherwise dealt with according to the owner's directions.

Express

Directly stated, explicit, or clearly defined.

Implied

Not explicitly stated but understood from the circumstances or context of an agreement or action.