Which One of the Following Parties Can Sell Shares of ABC

question 27

Multiple Choice

Which one of the following parties can sell shares of ABC stock in the primary market?

• A) ABC company
• B) Any corporation, other than the ABC company
• C) Institutional shareholder
• D) Private individual shareholder
• E) Any of the above

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Definitions:

Receivables

All money claims against other entities, including people, business firms, and other organizations.

Written Off

The process of recognizing that a portion of a company's assets or receivables has decreased in value and is unlikely to be recovered, thus removing it from the balance sheet.

Account Receivable

A claim against the customer created by selling merchandise or services on credit.

Reinstated

Restoring something to its previous state or position, often used in the context of employment, insurance, or legal status.