Which of the Following Statements Is CORRECT

question 32

Multiple Choice

Which of the following statements is CORRECT?

• A) The New York Stock Exchange is an auction market with a physical location.
• B) Capital market transactions involve only the purchase and sale of equity securities, i.e., common stocks.
• C) If an investor sells shares of stock through a broker, then this would be a primary market transaction.
• D) Consumer automobile loans are evidenced by legal documents called "promissory notes," and these individual notes are traded in the money market.
• E) While the distinctions are blurring as investment banks are today buying commercial banks, and vice versa, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise capital from other parties.

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Definitions:

Human Capital

The collective skills, knowledge, and expertise that employees bring to an organization, considered an asset in improving productivity and enhancing organizational value.

Ethical Practices

Conduct that adheres to guidelines or principles that determine right and wrong behavior within a specific context.

Core Competencies

Core competencies are special strengths that give an organisation a competitive advantage.

Organisational Controls

Mechanisms put in place within an organization to guide, regulate, and monitor its activities towards achieving set objectives.