Choose the Word or Phrase in [ ] Which Will

question 30

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The issuer of the security would get no money from a trade in the [primary | secondary] market.

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Definitions:

Asset Decrease

A reduction in the value or quantity of an asset, which can affect a company's balance sheet and overall financial health.

Asset Increase

An increase in the economic value or utility that an asset brings to a company.

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the owner's claim against the company's assets.

Withdrawals

Funds drawn from the enterprise by its proprietors for their personal needs.