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FIN 534 Quiz 1 1. Which of the following statements is CORRECT? 2. Which of the following statements is CORRECT? 3. You recently sold 200 shares of Apple stock to your brother. The transfer was made through a broker, and the trade occurred on the NYSE. This is an example of: 4. Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership? 5. Which of the following statements is CORRECT? 6. Which of the following statements is CORRECT? 7. Cheers Inc. operates as a partnership. Now the partners have decided to convert the business into a regular corporation. Which of the following statements is CORRECT? 8. Which of the following statements is CORRECT? 9. Which of the following is a primary market transaction? 10. Which of the following statements is CORRECT? 11. Which of the following statements is CORRECT? 12. Which of the following statements is CORRECT? 13. Money markets are markets for 14. Which of the following statements is CORRECT? 15. Which of the following statements is CORRECT?