To correctly transfer shares of stock,a delivery from the owner of the shares directly to the transferee is required.

Name: To correctly transfer shares of stock,a delivery from the owner of the shares directly to the transferee is required.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To transfer shares of stock, a delivery of the shares from the owner to the transferee is necessary but it does not have to be a direct delivery. The transfer can also be made through a broker or a clearing firm.

To Correctly Transfer Shares of Stock,a Delivery from the Owner