The Key Distinction Between a Primary Market and a Secondary

question 46

Multiple Choice

The key distinction between a primary market and a secondary market is that, in the secondary market, ________.

• A) funds flow from the seller of the asset to the buyer.
• B) the issuer of the asset receives funds from the buyer.
• C) funds flow from the buyer of the asset to the seller.
• D) the existing issue changes hands in the primary market.

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Definitions:

Biological Structures

Complex formations within living organisms that perform specific functions, ranging from cells to organ systems.

Endocrine System

A network of glands in the body that produce and release hormones directly into the bloodstream to regulate the body's growth, metabolism, and sexual development and function.

Ductless Glands

Glands that secrete hormones directly into the bloodstream rather than through ducts, also known as endocrine glands.

Hormones

Chemical messengers produced by the endocrine glands that regulate various bodily functions, such as growth, metabolism, and mood.