You Recently Sold 100 Shares of Microsoft Stock to Your

Multiple Choice

You recently sold 100 shares of Microsoft stock 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 best describes this transaction?

A) This is an example of a direct transfer of capital.
B) This is an example of a primary market transaction.
C) This is an example of an exchange of physical assets.
D) This is an example of a money market transaction.
E) This is an example of a derivative market transaction.