Securities That Are Not Traded on the Organized Stock Exchanges

question 69

Multiple Choice

Securities that are not traded on the organized stock exchanges are traded in the:

• A)primary market
• B)futures market
• C)over-the-counter market
• D)dealers market
• E)open market operation

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Definitions:

Going-Out-Of-Business Sale

A sale event characterized by deeply discounted prices, typically held by retailers looking to liquidate their inventory before closing their business.

Gray Market

The trade of legitimate goods through channels that are unofficial, unauthorized, or unintended by the original manufacturer.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets or to different groups of consumers.

Dumping

The practice of exporting goods at a price lower than the home market price, often considered unfair trade.