An Organization That Sells or Markets New Securities Issued by Businesses

question 102

Multiple Choice

An organization that sells or markets new securities issued by businesses to individuals and institutional investors is called a(n)

• A) mutual fund.
• B) investment bank.
• C) insurance company.
• D) brokerage firm.

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Definitions:

Quotas

Predetermined limits on the amount of goods or services that can be produced, exported, or imported.

Domestic Subsidies

Financial supports provided by a government to local businesses or sectors to boost their competitiveness or manage the cost of their products and services.

Import Licensing

A governmental procedure requiring a permit or license to be obtained before goods can be imported into a country, often used to control the volume of imports.

Investment Securities

Financial instruments that can be bought, sold, or traded, such as stocks, bonds, or options.