Which of the following instruments has a highly active secondary market?

Article 4A of the Uniform Commercial Code establishes the ________

A) requirements for negotiable instruments, such as checks B) rules and principles that regulate bank deposit and collection procedures for checking accounts offered by commercial banks C) rules that regulate the creation and collection of and liability for wire transfers D) guidelines for ownership of securities by investors

Pension funds tend to invest in short-term aggressive assets

Indicate whether the statement is true or false.