A(n)________ is an organization of individuals coordinated to provide an institutional setting in which stock can be bought and sold.
A) stock exchange
B) brokerage
C) server
D) over-the-counter market

Question

Quizplus · Accepted Answer

A stock exchange is an organization where stocks or securities are bought and sold. It is a centralized marketplace that provides a platform for investors to trade stocks in a transparent and regulated manner. Examples of stock exchanges include the New York Stock Exchange (NYSE), NASDAQ, and Tokyo Stock Exchange.

Option B, brokerage, refers to a firm or an individual who acts as an intermediary between buyers and sellers of securities.

Option C, server, is a computer program or a device that manages access to a central resource or service within a network.

Option D, over-the-counter market, is a decentralized market where securities are traded directly between two parties without the involvement of an exchange.

A(n)________ Is an Organization of Individuals Coordinated to Provide an Institutional