Financial assets that represent the partial ownership of a firm and ability to share in its profits are called:
A)equities.
B)fiduciaries.
C)intermediaries.
D)credit risks.

Question

Quizplus · Accepted Answer

Equities represent ownership in a company, often in the form of stocks, and provide investors with the ability to participate in the profits or losses of the company. Fiduciaries are individuals or organizations responsible for managing assets on behalf of another party. Intermediaries are individuals or organizations that facilitate transactions between buyers and sellers, such as brokers or financial institutions. Credit risks refer to the likelihood of a borrower defaulting on a loan or debt.

Financial Assets That Represent the Partial Ownership of a Firm