Which of the following is not a type of security?

COMMERCE
WAEC 2023

Which of the following is not a type of security?

  • A. Stock
  • B. Overdraft
  • C. Share
  • D. Debenture

Correct Answer: B. Overdraft

Explanation

A security is a financial instrument, typically and financial asset that can be traded e.g bonds, debenture, stock, shares etc.



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.