If an investor, Cora, buys a share of stock in Epic Electronics from another investor, Nathan, Epic Electronics automatically receives a fixed percentage of the selling price.

Name: If an investor, Cora, buys a share of stock in Epic Electronics from another investor, Nathan, Epic Electronics automatically receives a fixed percentage of the selling price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The proceeds of the sale of a security go to the investor selling the security, not the corporation whose security is being traded.

If an Investor, Cora, Buys a Share of Stock in Epic