Yolanda Has an Ownership Interest in Many Different Companies,yet She

question 132

Multiple Choice

Yolanda has an ownership interest in many different companies,yet she owns the shares of stock of just one organization.Yolanda undoubtedly owns shares in a(n) :

• A)investment trust.
• B)security account.
• C)options association.
• D)mutual funD.A mutual fund is an investment group that buys stocks and bonds of many different organizations and then sells shares in the investment group to the public.

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Definitions:

Judges

Individuals appointed or elected to rule on legal matters and disputes in courts.

Five-Point Scale

A rating system that measures opinions, experiences, or responses using five distinct options typically ranging from very low to very high.

Cumulative

Describes something that increases or accumulates over time.

Guttman Scale

A scale that contains either favourable or unfavourable statements arranged hierarchically. Agreement with a strong statement implies agreement with weaker ones; disagreement with a weak one implies disagreement with stronger ones.