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):

Question

Quizplus · Accepted Answer

Yolanda most likely owns shares in a mutual fund, which pools together money from multiple investors to purchase a diversified portfolio of stocks in various companies. This would explain how she has an ownership interest in multiple companies, even though she only owns shares in one organization (the mutual fund). Investment trusts, security accounts, and options associations do not typically involve the pooling of money to purchase a diversified portfolio of stocks.

Yolanda Has an Ownership Interest in Many Different Companies, Yet