The Over the Counter Market Describes Transactions

question 56

Multiple Choice

The over the counter market describes transactions

• A) that involve the purchase and sale of smaller, unlisted securities.
• B) that take place in a broker's office.
• C) that are not reported.
• D) that are not regulated by the SEC.

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Definitions:

Selective Distribution

Lies between the intensive and exclusive distribution strategies; uses a few selected customers in a territory.

Retail Customers

Individuals who purchase goods or services for personal use from retail stores, as opposed to buying for business or resale purposes.

Wholesale Prices

The cost at which goods are sold by wholesalers to retailers, usually lower than the retail price due to the absence of retailer markup.

Wholesalers

Businesses that sell goods in large quantities at lower prices, typically to retailers, other businesses, or professional users, but not directly to the end consumer.