Which One of the Following Statements Is True About Secondary

question 53

Multiple Choice

Which one of the following statements is true about secondary markets?

• A)The presence of active brokers increases market inefficiency.
• B)The ordinary shares of large companies often rely on word-of-mouth to find interested buyers.
• C)Brokers bring buyers and sellers together to earn a fee.
• D)A specialist is a specific location on the floor of a securities exchange at which auctions for a particular security take place.

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Definitions:

Sex

Biological and physiological characteristics that define humans as male or female, but in a broader sense, it also refers to activities related to sexual intercourse.

Gender

Roles, behaviors, activities, and attributes deemed appropriate for men and women by societal norms and constructs.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Culture

The shared values, customs, beliefs, and artifacts of a group of people that are passed down from generation to generation.