According to the Spotlight on Small Business Box Included in Chapter

question 98

True/False

According to the Spotlight on Small Business box included in Chapter 18, the recession has caused small business customers to take longer to pay. This has placed added burden on the small business owner.

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Definitions:

NASDAQ System

A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.

Unlisted Securities

Securities that are not traded on a formal exchange, often having fewer regulatory requirements.

Thirty-Year Bond

A long-term debt security issued by governments or corporations with a maturity of thirty years, often used as a benchmark for fixed-income securities.

Primary Market

A subdivision of financial markets in which securities are sold for the first time. The sale is by the issuing company to investors. Compare with Secondary market.