A Marketplace Where Member Brokers Who Represent Investors Meet to Buy

question 32

Multiple Choice

A marketplace where member brokers who represent investors meet to buy and sell securities is called a(n)

• A) Initial public offering.
• B) Investment bank.
• C) Primary market.
• D) Intermediary market.
• E) Securities exchange.

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Definitions:

Professional Licenses

Certifications issued by a government or professional body that verify someone's qualification to perform a particular profession.

Covenant Not To Compete

An agreement not to compete against a party for a set period of time within a designated geographic area.

Public Policy

Guiding principles and philosophies that underlie the laws and actions of a government, aimed at ensuring the public's general welfare.

Unenforceable

A term applied to a contract that, because of a law, cannot be enforced by the courts.