Which of the Following Transactions Takes Place in Secondary Markets

question 29

Multiple Choice

Which of the following transactions takes place in secondary markets?

• A) New shares sold in an initial public offering.
• B) Treasury securities auctioned off by the government.
• C) Shares sold by an insurance company to adjust its portfolio of assets'.
• D) Shares sold in a seasoned equity offering.
• E) None of the above.

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Definitions:

Tsunami

A series of ocean waves with very long wavelengths caused by large-scale disturbances such as earthquakes under the sea.

Liquefaction

Loss of cohesion when grains in water-saturated soil or sediment lose grain-to-grain contact, as when shaken during an earthquake.

Landslides

The action of gravity pulling rocks, soil, or debris downward on a slope.

Reflected

Pertains to light, sound, or heat being thrown back by a surface without absorbing it.