Which of the Following Is an Example of a Financial

question 51

Multiple Choice

Which of the following is an example of a financial intermediary?

• A)Stock markets.
• B)Flea markets.
• C)Real estate markets.
• D)Gun shows.

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Definitions:

Admission

The act of conceding to a point in an argument or acknowledging the truth of a claim, or the allowance into a place, organization, or institution.

Parol Evidence Rule

A legal principle that prevents parties from presenting extrinsic evidence to modify, vary, or contradict the terms of a written contract.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to another party, if the latter has relied on that promise to their detriment.

Parol Evidence Rule

A legal rule that excludes the admission of oral statements, written agreements outside the contract, or preliminary agreements in interpreting a written contract.