Securities Not Listed on One of the Exchanges Trade in the Over-The-Counter

question 56

Multiple Choice

Securities not listed on one of the exchanges trade in the over-the-counter market.In this exchange,dealers "make a market" by

• A) buying stocks for inventory when investors want to sell.
• B) selling stocks from inventory when investors want to buy.
• C) doing both of the above.
• D) doing neither of the above.

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Definitions:

Avalonia

An ancient microcontinent or terrane whose history is recorded in the rocks of Eastern North America, the British Isles, and mainland Europe.

Subduction

The geological process by which an oceanic tectonic plate is forced beneath another plate, contributing to geologic phenomena such as mountain building.

Sierra Nevada

A mountain range in the Western United States, known for its striking landscapes, ski resorts, and hiking trails.

Orogeny

The geological process of mountain formation, especially by the folding and faulting of the Earth's crust.