Which of the Following Would Be Considered a Primary Market

question 167

Multiple Choice

Which of the following would be considered a primary market transaction?

• A) A buy order to an investment banker for a new public stock offering.
• B) A buy order to a broker for shares of a company on the TSX.
• C) A buy order to a broker for shares of a company on the Venture Exchange.
• D) A buy order to a dealer for shares of a company OTC.
• E) A sell order to a broker for a stock listed on the TSX.

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Definitions:

Rustbucket

A term used to describe a very old, deteriorating vehicle or ship, often in poor condition due to rust.

Used Cars

Second-hand vehicles that have been previously owned and are available for purchase.

Quality Distribution

The variation in qualities among units of a product or service, often measured to assess consistency, standards, or market segmentation.

Appraiser

A professional who assesses the value of properties, art, antiques, or other items of value.