A stock is a debt security that promises to make periodic payments for a specific period of time.

Name: A stock is a debt security that promises to make periodic payments for a specific period of time.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is false. A stock represents ownership in a company and entitles the holder to a share of the company's profits through dividends or appreciation in the stock's value. It is not a debt security and does not promise to make periodic payments.

A Stock Is a Debt Security That Promises to Make