A Corporation Acquires New Funds Only When Its Securities Are

question 139

Multiple Choice

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

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

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Definitions:

Ethical Climate

The prevailing perceptions, practices, and attitudes within an organization or group regarding ethics and moral decision-making.

Inappropriate Behavior

Actions that are not suitable or proper in a given context or situation.

Effective Goals

Objectives that are clearly defined, measurable, attainable, relevant, and time-bound.

Substantive Outcomes

The tangible, measurable results or effects of a decision, negotiation, or action, such as profit levels, market share, or the achievement of specific objectives.