ABC Corporation is selling additional shares of common stock.These are new shares of stock,and have never been sold or traded previously.The selling of these shares would take place in the ________ market.
A)primary
B)secondary
C)tertiary
D)quaternary
E)none of the above

Question

Quizplus · Accepted Answer

The primary market involves the issuance of new securities, such as a company selling new shares of stock for the first time. Therefore, the sale of additional shares of common stock by ABC Corporation would take place in the primary market.

ABC Corporation Is Selling Additional Shares of Common Stock