Which of the Following Is an Example of a Primary

question 45

Multiple Choice

Which of the following is an example of a primary market transaction?

• A)You sell 200 shares of IBM stock on the TSX through your broker.
• B)IBM issues 2,000,000 shares of new stock and sells them to the public through an investment banker.
• C)One financial institution buys 200,000 shares of IBM share from another institution with help of an investment banker.
• D)You invest $10,000 in a mutual fund, which then uses the money to buy $10,000 of IBM shares on the TSX.

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Definitions:

Economy

The system of production, distribution, and consumption of goods and services within a particular geographic region or country.

Work Schedule

refers to the planned hours of work for an employee, including start and end times, breaks, and any variations over days or weeks.

Career Advancement

The process of moving forward in one's professional life, often marked by higher responsibilities, positions, and salary.

Bad Job

Employment that is considered unsatisfactory due to factors like poor pay, working conditions, or lack of benefits.