Which of the following is not a characteristic of a financial instrument?
A) The financial instrument is always issued by a bank.
B) A financial instrument is a written legal obligation of one party to transfer something of value, usually money.
C) The transaction in a financial instrument is specified to take place at a future date.
D) A financial instrument specifies certain conditions.
Correct Answer:
Verified
Q2: Securities backed by _ layed an important
Q3: Financial instruments are used
A)as a unit of
Q4: Two important characteristics of financial instruments are:
A)information
Q5: Benefits of the merger between the NYSE
Q6: Which of the following increases the value
Q7: An example of financial instruments that are
Q8: Financial markets serve which three purposes?
A)Financial markets
Q9: Which of the following is not a
Q10: SEBI operates to fulfill the needs of
Q11: SEBI has not been vested with the
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