Which of the following statements best describes a money market ...

[chads108]

Which of the following statements best describes a money market mutual fund?
 A) It pools funds from many investors and uses these funds to purchase very safe, highly liquid securities.
  B) It is a short-term marketable IOU issued by the U.S. federal government.
  C) It is the part of a firm's net income that it reinvests.
  D) It is a financial agreement between a firm and a bank in which the bank pre-approves credit up to a specified limit.

Question 2

A corporation is perhaps the easiest form of business to organize.
 
 Indicate whether the statement is true or false

[xthemafja]

Answer to Question 1

A

Answer to Question 2

False

[chads108]

Excellent

[peter]

YES! Correct, THANKS for helping me on my review