The following are examples of an inactive market except for:
A) Price quotations vary substantially over time.
B) Price quotations vary substantially among market-makers.
C) Price quotations are based on current market information.
D) There are few recent transactions.

Question

Quizplus · Accepted Answer

In an inactive market, price quotations often do not reflect current market information due to low activity levels, making choice C the exception as it implies active market conditions where prices are updated based on the latest information.

The Following Are Examples of an Inactive Market Except For