The principal economic functions of financial assets include:
A) The transfer of funds from those with surplus funds to those who need funds.
B) The transfer of ownership from seller to buyer.
C) The transfer of funds so as to redistribute the unavoidable risk associated with the cash flow generated by tangible assets among those seeking and providing the funds.
D) a and c only.
E) All of the above.

Question

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The Answer of The principal economic functions of financial assets include:
A) The transfer of funds from those with surplus funds to those who need funds.
B) The transfer of ownership from seller to buyer.
C) The transfer of funds so as to redistribute the unavoidable risk associated with the cash flow generated by tangible assets among those seeking and providing the funds.
D) a and c only.
E) All of the above.

The Principal Economic Functions of Financial Assets Include