Fin 534

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Fin 534 chapter 1,Quiz 1

• Question 1

| | | | |You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion.  At the reunion your brother gave | | | | | |you a check for the stock and you gave your brother the stock certificates.  Which of the following statements best describes this | | | | | |transaction? | | | | | | | | | | | | | | | | | | | | | | | |Correct Answer: | | | | | |[pic]   | | | | | |This is an example of a direct transfer of capital. | | | | | | | | | |

• [pic]Question 2

| | | | |Which of the following statements is CORRECT? | | | | | | | | | | | | | | | | | | | | | | | |Correct Answer: | | | | | |[pic]   | | | | | |The NYSE operates as an auction market, whereas the Nasdaq is a dealer market. | | | | | |                                                                                                                       | | | | | |  | | | | | | | | | |

• [pic]Question 3

| | | | |Which of the following statements is CORRECT? | | | | | | | | | | | |...
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