A Pure Auction Market Is One in Which

question 75

Multiple Choice

A pure auction market is one in which

• A) Dealers provide liquidity by buying and selling shares of stock for themselves.
• B) Dealers compete against each other to provide the highest bid and lowest asking prices.
• C) Buyers submit bid prices to sellers.
• D) Sellers submit ask prices to buyers.
• E) Buyers and sellers submit bid and ask prices to a central location to be matched.

---

Definitions:

Internal Struggle

A personal conflict within an individual, often involving competing values or desires.

Anticipated Threat

An expected or forecasted danger or problem that prompts preparation or preventive measures.

Preoccupation

The state of being absorbed or engrossed in thoughts or concerns about a particular issue or topic.

Anxiety

A sense of anxiety, apprehension, or discomfort due to an unpredictable result.