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2. A ________ is a person who has access to material nonpublic information about a company or the securities market and who discloses it to

2. A ________ is a person who has access to material nonpublic information about a company or the securities market and who discloses it to someone who acts on that information.

tipper

boundary spanner

bona fide purchaser

whistle-blower

5.A certificated security can be transferred by negotiation.

True or False

6.A debt security represents an ownership interest in a business.

True or False

9.A(n) ________ clause is a contractual provision that says that the price will be adjusted according to the inflation rate.

maintenance of value

indemnification

stabilization

force majeure

25. All the shares of the Bank for International Settlements are owned by the World Bank and the IMF.

True or False

26. An IMF member is entitled to two credittranches, each equivalent to 50 percent of its quota.

True or False

27. An insider is a person, such as a corporate officer, director, or majority shareholder, who has access to nonpublic information about a company or the securities market.

True or False

28.An uncertificated security is one whose ownership is recorded only on the books of the issuer.

True or False

29. Bank deposits made by individuals cannot be commingled by the bank for its own use.

True or False

30. Bonded warehouses are intended to be places for trade and business.

True or False

34.Depository receipts are identical to the securities themselves.

True or False

35.Depository receipts are non-negotiable instruments.

True or False

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