Which of the Following Statements Is FALSE

question 26

Multiple Choice

Which of the following statements is FALSE?

• A)On NASDAQ,stocks can and do have multiple market makers who compete with each other.Each market maker must post bid and ask prices in the NASDAQ network where they can be viewed by all participants.
• B)Bid prices exceed ask prices.
• C)Because customers always buy at the ask and sell at the bid,the bid-ask spread is a transaction cost investors have to pay in order to trade.
• D)Prior to 2005,market makers (known on the NYSE as specialists)matched buyers and sellers on the floor of the NYSE.

---

Definitions:

Vaginal Walls

The inner lining of the vagina, consisting of mucous membranes, muscle tissues, and fibrous tissues, providing elasticity and support.

Vulva

The collective term for the external female genitals.

Labia Majora

The outer folds of skin surrounding the vulva in female anatomy, serving as a protective barrier for the inner reproductive and sexual organs.

Vestibule

An anteroom or small foyer leading into a larger space, such as a lobby entrance of a building or a hallway.