Wilson Just Placed an Order with His Broker to Purchase

question 55

Multiple Choice

Wilson just placed an order with his broker to purchase 500 of the outstanding shares of GE. This purchase will occur in which one of the following markets?

• A)primary
• B)secondary
• C)third
• D)fourth
• E)fifth

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Definitions:

Liable

Required to answer legally.

Misconduct

Inappropriate or unlawful behavior by a person in a professional or official capacity.

Agents

Individuals or entities authorized to act on behalf of others, often in business or legal matters.

Benefit Corporation

A type of for-profit corporation, available by statute in a number of states, that seeks to have a material positive impact on society and the environment.