Which One of the Following Statements Is NOT True

question 50

Multiple Choice

Which one of the following statements is NOT true?

• A) Prices in the corporate bond market also tend to be more volatile than the markets for shares or money market securities.
• B) Corporate bonds are more marketable than the securities that have higher daily trading volumes.
• C) The market for corporate bonds is thin.
• D) The largest investors in corporate bonds are life insurance companies and superannuation funds.

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Definitions:

Statute of Frauds

A judicial principle stipulating that specific contract categories must be written and signed by the accountable party to be legally binding.

Signature Requirement

The necessity for a person's handwritten or digital mark to verify and authenticate a document.

Interest in Land

A legal right or claim to real estate property, including ownership or use rights.

Statute of Frauds

A legal principle requiring certain types of contracts to be written and signed by the party to be charged, in order to be legally enforceable.