1_Quiz on Financial Instruments
Authored by Jocelyn Castro
Financial Education
12th Grade
Used 5+ times
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5 questions
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1.
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30 sec • 1 pt
A financial asset that can be a substitute for money.
2.
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30 sec • 1 pt
It is a written, dated, and signed draft that directs a bank to pay a specific sum of money to the bearer.
3.
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30 sec • 1 pt
A financial instrument that represents a contractual debt of the party issuing it.
4.
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30 sec • 1 pt
A financial instrument that signifies a share in the ownership of a company.
5.
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30 sec • 1 pt
A type of bond not supported by any collateral or security as assurance in times of non-payment or default.
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