Over-The-Counter (OTC) Stocks Are Traded Through a Network of Securities

question 134

True/False

Over-the-counter (OTC) stocks are traded through a network of securities dealers, which is unlike the stocks that are traded on the NASDAQ exchange. However, trading of most OTC stocks is much more active than for stocks listed on the major exchanges.

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Definitions:

Operating Activities

These refer to the primary revenue-generating activities of a business, such as sales of goods or services, and related expenses.

General Partnership

A business arrangement where two or more individuals agree to share all assets, profits, financial, and legal liabilities of a jointly-owned business.

Legal Entities

Organizations that have legal rights and obligations, including the ability to enter into contracts and own assets.