Question

A stock is a written promise to repay borrowed money at a later date; to raise money.

Question 17 options:
True
False

Answer 1

False

Step-by-step explanation:

Hope this helps :))

Answer 2

False

Step-by-step explanation:

A stock of a company is an equity investment tool of a company that when bought by an investor represents the part ownership of the company by the investor. the stocks bought grants the owner/investor a share in the company's earnings in the form of dividends and also the assets of the company. stocks of individual investors are held by the brokerage firms they choose.

It is not a written promise but a part ownership of a company or organization.when a company experiences a huge success in business the investors experience a higher return on investment and vice versa.