NASDAQ Has Less Stringent Listing Requirements Than the Organized Exchanges

question 122

True/False

NASDAQ has less stringent listing requirements than the organized exchanges and tends to attract newer, high-tech companies.

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Definitions:

Words Of Negotiability

Phrases or terms in a financial document that grant the right to transfer it to another party, ensuring its negotiability.

Oral Agreement

A verbal commitment between parties to do or not do something, which can be legally binding, although proving the terms and existence can be challenging.

Payable

Refers to an amount of money that is owed by a person, company, or organization to another entity and is due to be paid.

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person or entity.