Wednesday, November 13, 2019

Shareholder A sold shares of Maplewood Cabinets stock to Shareholder B. The stock is listed on the NYSE


Shareholder A sold shares of Maplewood Cabinets stock to Shareholder B. The stock is listed on the NYSE. This trade occurred in which one of the following? 
 
A. 
primary, dealer market

B. 
secondary, dealer market

C. 
primary, auction market

D. 
secondary, auction market

E. 
secondary, OTC market
Refer to section 1.5


62.
Which one of the following statements is correct concerning the NYSE? 
 
A. 
The publicly traded shares of a NYSE-listed firm must be worth at least $250 million.

B. 
The NYSE is the largest dealer market for listed securities in the United States.

C. 
The listing requirements for the NYSE are more stringent than those of NASDAQ.

D. 
Any corporation desiring to be listed on the NYSE can do so for a fee.

E. 
The NYSE is an OTC market functioning as both a primary and a secondary market.
Refer to section 1.5


63.
Which one of the following statements concerning NASDAQ is FALSE? 
 
A. 
It is easier to be listed on NASDAQ than on the NYSE.

B. 
NASDAQ is an electronic market.

C. 
NASDAQ is a dealer market.

D. 
NASDAQ is an OTC market.

E. 
NASDAQ is an auction market.
Refer to section 1.5

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