Which of the following statements about risk-bearing financial institutions is incorrect?
A) An example of a risk-bearing financial institution is a mutual fund.
B) Risk-bearing financial institutions concentrate their investments in a limited number of assets.
C) Risk-bearing financial institutions assume the risks of their customers.
D) All of the above are incorrect.
B
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Indicate whether the statement is true or false
The value chain in a company begins with
A) the customer. B) marketing and sales. C) new product development. D) operations.
Match each term with the correct statement below.
a. social responsibility b. ethics c. business ethics d. moral philosophy e. utilitarian philosophy f. humanistic philosophy g. consumerism h. insider trading 1. What is the term for the awareness on the part of a business that its activities have an impact upon society and that it considers that impact in decision making? 2. When an individual chooses to make decisions based upon honoring their moral duties to others it is called this. 3. What are the set of principles that dictate acceptable behavior? 4. What is it called when the basis for a decision is that which produces the greatest good for the largest number? 5. What are activities aimed at protecting consumer rights called?
Penetration pricing is sometimes referred to as a "market-plus" approach to pricing.
Answer the following statement true (T) or false (F)