Which of the Statements Below Is FALSE

question 72

Multiple Choice

Which of the statements below is FALSE?

• A)The secondary market,or "used stock" market,provides a place for current common stockholders to sell their stock or acquire more stock or for new stockholders to acquire stock for the first time.
• B)Both the NYSE and the NYSE MKT LLC (previously known as the AMEX)are physical trading locations with trading floors.In order to complete a trade (the selling or buying of shares),orders must be processed at trading posts on the floor of the exchange.
• C)Immediately after the public auction of common stock,the stock begins trading in the secondary market.
• D)Trading on the NYSE is accomplished through a set of registered dealers who are connected by a computer network.

---

Definitions:

Ranked Preferences

A method of ordering alternatives based on their level of desirability or utility to an individual or group.

Public Good

A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Economic Analysis

The systematic approach for comparing the costs and benefits of different courses of action in terms of their impact on the economy.

Paired-Choice Majority Voting

A voting method where alternatives are voted on in pairs, with the winner from each pair moving on to subsequent rounds until a majority winner is chosen.