?
Corporations that buy financial instruments with money accepted from savers are classified as
Answer & Solution
Correct Answer:
Option
C
Corporations that buy financial instruments with money accepted from savers are classified as mutual funds. A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities such as stocks, bonds, money market instruments, and other assets.
Join the Discussion
Login to post a comment or share your explanation.
Login