Ask Question
2 July, 20:09

When you buy stock, you buy shares of stock.

True

False

+5
Answers (2)
  1. 2 July, 20:27
    0
    Yes, the answer is True
  2. 2 July, 21:05
    0
    The given statement is True

    Explanation:

    We must first understand the "difference between stocks and share" to answer this question.

    Stocks are all the overall ownership that a person possess. It might be from one company or multiple companies.

    Shares are the ownership of the particular company. The person is responsible for his/her own share. Eg. You goto a dinner along with your friend and the bill is $100 then you must pay half ($50). That's called a share.

    So "when you buy a new stock", indirectly it means that you buy a share of a single or multiple companies.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When you buy stock, you buy shares of stock. True False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers