QUESTION IMAGE
Question
question 8 / 10
a ______ is a small piece of ownership in a company.
a. mutual fund
b. bond
c. stock
d. derivative
Brief Explanations
To solve this, we analyze each option:
- Option A: A mutual fund is a collection of stocks, bonds, etc., not a small ownership piece.
- Option B: A bond is a debt instrument, not ownership in a company.
- Option C: A stock represents a small piece of ownership in a company.
- Option D: A derivative derives value from an underlying asset, not ownership.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. Stock