Which ONE of the Following Statements Is True About Secondary

question 69

Multiple Choice

Which ONE of the following statements is true about secondary markets?

• A) The ordinary shares of large companies often rely on word-of-count to find interested buyers.
• B) Brokers bring buyers and sellers together to earn a fee.
• C) The presence of active brokers increases market inefficiency.
• D) A specialist is a specific location on the floor of a securities exchange at which auctions for a particular security take place.

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Definitions:

Uneasy

Feeling of discomfort or restlessness, often due to anxiety or fear of what might happen.

Sole Practitioner

A professional, especially in fields like law or medicine, who operates their practice alone without partners or associates.

Referral Scenarios

Situations or cases where a professional identifies that a client may benefit from specialized services or support not provided by the current professional, leading to a referral to another professional or service.

Potential Danger

A situation or condition that could possibly cause harm or adverse effects.