Since Movements Between Exchanges Typically Are a Zero Sum Within

question 25

True/False

Since movements between exchanges typically are a zero sum within a country, and spinouts and bulletin board movements are few in number, real growth in listings comes from IPOs.

---

Definitions:

Real Property

Refers to land and anything permanently attached to it, such as buildings and structures, legally considered immovable.

Jury Trial

A legal proceeding in which a jury makes a decision or findings of fact, which then direct the actions of a judge.

Foreclosure

The right of a mortgagee to apply to a court to have property sold when the mortgagor defaults or fails to perform some agreement in the mortgage.

Junior Mortgage

A mortgage subject to a prior mortgage.