Shareholder Jones sells 100 shares of Very Vegetarian Corporation stock to investor Smith. This transaction takes place in the:

Question

Quizplus · Accepted Answer

Shareholder Jones selling the shares to investor Smith is a transaction taking place between two investors in the secondary market. The primary market is where securities are issued for the first time, and the initial offerings market is not a recognized market. Finally, the security resale market is another name for the secondary market.

Shareholder Jones Sells 100 Shares of Very Vegetarian Corporation Stock