1- The first sale of a company's stock occurs in the
A- tertiary market
B- primary market
C- secondary market
D- can occur in any market
2- Which of the following is not an example of an organized exchange?
A- NYSE
B- AMEX
C- NASDAQ
D- SQL
3. The primary ben efit of listing a stock to be traded on an organized exchange is that it provides investors
A- a primary market
B- prestige
C- cash
D- liquidity