When One Shareholder Sells Equity Directly to Another the Transaction

question 20

Multiple Choice

When one shareholder sells equity directly to another the transaction is said to occur in the:

• A)dealer market.
• B)primary market.
• C)secondary market.
• D)OTC market.
• E)NASDAQ market.

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Definitions:

Transitivity

In mathematics and logic, the property of a relation where if it applies between successive pairs like a is to b and b is to c, it also applies directly between a and c.

Cognitive Development

The process by which a person's ability to think, understand, and learn grows and evolves throughout life.

Working Memory

The structure of memory that can hold a sensory stimulus for up to 30 seconds after the trace decays.

Long-term Memory

The phase of the memory process that is capable of storing information for extended periods, ranging from hours to a lifetime.