Q942
Notes, mortgages, bonds, stocks, treasury bills and consumer loans are classified as
A.
financial instruments
AnswerB.
capital assets
C.
primary assets
D.
competitive instruments
Answer: Option A
Solution
Answer: Option A
Solution:
Notes, mortgages, bonds, stocks, treasury bills and consumer loans are classified as financial instruments. Financial instruments are assets that can be traded, or they can also be seen as packages of capital that may be traded. Most types of financial instruments provide efficient flow and transfer of capital all throughout the world's investors.