(I) the Market for New Issues of Stock Is Called

question 287

Multiple Choice

(I) The market for new issues of stock is called the primary market. (II) The New York Stock Exchange is an example of a secondary market in which previously issued shares are traded between investors.

• A) I is true; II is false.
• B) I is false; II is true.
• C) Both I and II are true.
• D) Both I and II are false.

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Definitions:

Physical Objects

Tangible items that can be seen, touched, and usually occupy space, in contrast to intangible concepts or services.

Societal Marketing Concept

A marketing approach that considers not only the demands of consumers but also the long-term welfare of society.

Consumerism

A social movement that advocates for the rights and powers of consumers in relation to sellers and marketers.