ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Financial claims are also known as:
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financial instruments.
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financial assets.
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financial securities.
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all of the above
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none of the above.
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Explanation:
Detailed explanation-1: -There are broadly two kinds of claims, i.e., fixed and residual.
Detailed explanation-2: -Financial assets, also referred to as financial instruments or securities, are intangible assets. They are often used to finance the ownership of tangible assets as equipments and real estate.
Detailed explanation-3: -financial asset a contractual claim to something of value; modern economies have four main types of financial assets: bank deposits, stocks, bonds, and loans.
Detailed explanation-4: -The two main types of financial markets are Capital Markets and Money Market.
There is 1 question to complete.