A Characteristic of Secondary Markets for Shares Is That

question 56

Multiple Choice

A characteristic of secondary markets for shares is that:

• A) only highly risky shares are traded.
• B) only low-risk shares are traded.
• C) they are where companies borrow funds for the second time.
• D) companies do not get funds from the secondary market in shares.

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Definitions:

Individual

Referring to a single person or thing, distinct from others in a group or category.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Enforce Decisions

The act of implementing or ensuring compliance with a rule, law, or decision through authority or legal means.

Direct Democracy

A form of democracy in which the people directly participate in the decision-making process, rather than through elected representatives.