The Primary Distinction Between Securities Sold in the Primary and Secondary

question 66

Multiple Choice

The primary distinction between securities sold in the primary and secondary markets is the:

• A) riskiness of the securities.
• B) price of the securities.
• C) previous issuance of the securities.
• D)profitability of the issuing corporation.

---

Definitions:

Federal Courts

The courts of the United States, which have jurisdiction over cases involving federal law, interstate disputes, and other matters outlined in the Constitution.

U.S. Constitution

The foundational document of the United States of America outlining the framework of the government and the rights of the citizens.

Bankruptcy Court

A federal court of limited jurisdiction that hears only bankruptcy proceedings.

Bankruptcy Law

Bankruptcy Law refers to regulations that govern the process by which individuals or entities unable to pay their debts can seek relief through a legal declaration of bankruptcy.