Multiple Choice
Which one of the following transactions occurs in the primary market?
A) Repurchase of GHI stock from Tim by GHI
B) Tax-free gift of DEF stock to Heather by Jennifer
C) Sale of ABC stock by Fred Jones to Mary Smith
D) Initial sale of JKL stock by JKL to Jamie
E) Transfer of MNO stock from Tom to his son,Jon
Correct Answer:
Verified
Correct Answer:
Verified
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