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Which One of the Following Parties Can Sell Shares of ABC

question 40

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


Definitions:

Documents of Title

Documents of title refer to legal documents that prove a person's right to ownership or control of goods, such as bills of lading or warehouse receipts.

Title

Legal term for the formal right of ownership of property.

Future Goods

Future goods are goods that are to be manufactured, produced, or acquired by the seller after the making of a contract of sale.

Risk of Loss

The potential for an investment or transaction to result in a decrease in value or financial loss.

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