Which one of the following transactions occurred in the


Which one of the following transactions occurred in the primary market?

a. The president of J.C. Penny, Inc. sold some of her shares to her daughter on the NYSE.

b. Delta, Inc offered newly issued shares to the general public.

c. Emma instructs her broker to sell all of her shares in General Electric, Inc.

d. Anthony purchased 50 shares of RIM stock from his best friend, Edward.

e. Mona gifted 100 shares of Apple stock to her son-in-law on his birthday.

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Financial Management: Which one of the following transactions occurred in the
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