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Which of the Following Statements Is Not Correct

Question 2

Multiple Choice

Which of the following statements is not correct?


A) A market in which a corporation issues securities for the first time and, in return, receives money is the IPO market.
B) A market in which a corporation issues securities and, in return, receives money is the primary market.
C) A market in which an individual issues securities and, in return, receives money is the mortgage market.
D) A market in which an individual issues securities and, in return, receives money is the secondary market.
E) A market in which individuals trade already-issued securities is the secondary market.

Correct Answer:

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