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:

Final Statement

A comprehensive summary that concludes a discussion, document, or process, often giving a clear outcome or decision.

Electronic Signatures in Global and National Commerce Act (E-Sign)

U.S. legislation that facilitates the use of electronic records and signatures in commerce by ensuring their validity and legal significance.

Electronic Transactions

The exchange of goods, services, or funds through digital means or over the Internet, often governed by specific legal standards.

UETA

The Uniform Electronic Transactions Act, which establishes legal validity and enforceability for electronic signatures and records in commercial transactions.