The ABC Brokerage Firm has sold newly issued securities of the XYZ Corporation to a client. The client will hold onto these securities for a period of time. The securities are considered to be primary securities.
<h3><u>
Explanation:</u></h3>
Any type of insurance that can be attained during the time of emergency can be referred as securities. It can be considered as a protection to the money lender when in time the borrower could not repay the money, the lender can acquire the security. There are two types of securities such as primary ad secondary.
A security that is being issues newly by any of the public or private firms or that is being issued by any investor to any of its customers mainly by a brokerage firm to the stock purchaser can be referred as primary security. A secondary securities are issued. by bank or any financial institutions to the customers. Here a brokerage firm sells the newly issued securities to a client and hence it is considered to be primary securities.
Answer:
Culture hearth
Explanation:
Culture hearth is defined as the area where civilization took place. This form of civilization is usually then spread to other parts of the world through the inhabitants or media.
According to Nostrand, an area wherein new basic cultural systems and configurations are developed and nurtured before spreading vigorously outward to alter the character of much larger areas is known as Culture hearth.
Answer:
d. middle-class measuring rods
Explanation:This is a concept used to explain how lower-class children are evaluated on the same basis as their wealthier, middle and upper class counterparts leading to frustration because they do not have the same opportunities.
Hence, living up to middle-class measuring rods, will make them socialize more not minding the class they belong to in the society.
Answer: B. to destroy the South's economic ability to fight
Explanation: General William T. Sherman wanted Southern civilian population to leave the Confederate cause. His troops demolished many railroads and countryside, all food supplies was completely destroyed and he had left their morale completely shattered since they thought the confederate cause will be able to protect them.
Many aspects of today's society have been affected by ancient Rome . Creation of law, development of democratic government practices, influences in language, literature, art, infrastructure, and city-planning are all areas where the influences of Roman ideas can be seen. ... One important area of influence was Roman law.