If Knowledge Possessed by One Party in a Financial Transaction

question 5

Multiple Choice

If knowledge possessed by one party in a financial transaction is NOT known to the other party, ________ exists.

• A) disintermediation
• B) asymmetric information
• C) fraud
• D) no financial intermediation

---

Definitions:

Meiosis

Meiosis, which occurs only in eukaryotes, is a form of cell division that cuts the number of chromosomes in half.

Sister Chromatids

Identical copies of a chromosome, created during the S phase of cell division, that are connected by a centromere.

Genome Size

The total amount of DNA contained within one copy of a single genome, measured in base pairs or number of genes.

Mobile Genetic Elements

Sequences of DNA that can move or replicate within a genome, playing a role in mutation, gene transfer, and evolution.