Which Is Not a Security, as Defined by the Securities

question 30

Multiple Choice

Which is not a security, as defined by the Securities Act?

• A) Shares
• B) Bonds
• C) Debentures
• D) Mutual fund units
• E) Insurance contract

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Definitions:

Photograph

An image created by light falling on a photosensitive surface, usually photographic film or an electronic sensor, such as a CCD or a CMOS chip.

Deceased Parent

Refers to a parent who has passed away, affecting the psychological and emotional well-being of their offspring.

Encoding Specificity Effect

The phenomenon that memory recall is most effective when the information available at the time of encoding is also available at the time of retrieval.

Primacy Effect

A cognitive bias that results in a person remembering information presented at the beginning of a list better than information in the middle or at the end.