The Basic Distinction Between a Primary and a Secondary Market

question 48

Multiple Choice

The basic distinction between a primary and a secondary market is

• A) proceeds from sales in the primary market go to the current owner of a security; proceeds in secondary market go to the original owner.
• B) primary markets involve direct dealings within regional exchanges.
• C) only new securities are sold in the primary market; only outstanding securities are bought and sold in the secondary market.
• D) primary markets deal exclusively in bonds; secondary markets deal primarily in common stock.
• E) None of the above.

Understand the concept of diffusion of responsibility and the bystander effect.

Identify and distinguish between various work settings and subfields in psychology.

Recognize different psychological perspectives and approaches to human behavior.

Grasp the basics of evolutionary psychology and its implications for human behavior.

---

Definitions:

Major Changes

Significant modifications or alterations made to processes, systems, policies, or environments that impact the way things operate or function.

Disciplinary Actions

Measures taken by an organization to address and correct an employee's misconduct or poor performance.

Managerial Decisions

Choices or judgments made by managers that influence the direction, operations, and effectiveness of an organization.

Union Formation

The process by which workers organize themselves into a collective group to negotiate with employers on wages, working conditions, and other employment terms.