A Corporation Acquires New Funds Only When Its Securities Are

question 71

Multiple Choice

A corporation acquires new funds only when its securities are sold in the

• A)primary market by an investment bank.
• B)primary market by a stock exchange broker.
• C)secondary market by a securities dealer.
• D)secondary market by a commercial bank.

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Definitions:

Business Language

Specialized terminology or jargon used within the business sector to facilitate clear and efficient communication.

Reliable

The quality of being consistently good in quality or performance, able to be trusted.

Valid

Having a sound basis in logic or fact; accurately reflecting the situation or being legally binding.

Information Management

The process of collecting, storing, organizing, protecting, and distributing information efficiently.