Which of the Following Is a Characteristic of a Dealer

question 30

Multiple Choice

Which of the following is a characteristic of a dealer market, rather than auction market, for common stock?

• A)Dealer markets are more likely to be centralized
• B)Dealer markets operate as primary, not secondary, markets
• C)Dealers may not all offer the same price for the same security
• D)Dealer markets specialize in trading income stocks

Understand the legal procedures and requirements for corporate dissolution and liquidation.

Recognize the rights and obligations of shareholders in cases of dissent and asset purchase.

Grasp the concept of mergers, acquisitions, and the role of board and shareholder approvals in these transactions.

Identify the legal consequences of corporate actions, including asset sales and liabilities.