In Which of the Following Types of Organisation Would You

question 163

Multiple Choice

In which of the following types of organisation would you NOT expect to find a salesforce?

• A)governments
• B)museums and art galleries
• C)charitable organisations
• D)universities and educational institutions
• E)All of the above have a salesforce.

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Definitions:

Commodity

Basic goods used in commerce that are interchangeable with other goods of the same type.

Original Issuer

The entity that first creates and offers securities or financial instruments to the public, such as bonds or stocks.

Secondary Market

A market where investors purchase securities or assets from other investors, rather than from issuing companies themselves.

TSX

Toronto Stock Exchange, a major stock exchange in Canada where various publicly held companies are listed and traded.