The Securities Exchange Act Makes It Illegal to Sell a Security

question 54

True/False

The Securities Exchange Act makes it illegal to sell a security on a national exchange unless a registration is effective for the security.

---

Definitions:

Increase in Supply

A situation where the quantity of a good or service that producers are willing to sell at a given price rises.

Consumer Taste

The preference and subjective valuation of goods and services by consumers, influencing their purchasing decisions and market demand.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to buy at various prices.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers at various price levels.