Asked by Nachelle Culpepper on Jul 16, 2024
Verified
Which of the following is not a financial market?
A) Bond market
B) A market in which small business owners buy and sell their companies
C) Stock market
D) All of these are financial markets
Financial Market
A marketplace where buyers and sellers engage in trading of financial assets such as stocks, bonds, and derivatives.
Bond Market
The bond market is a financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market.
Small Business Owners
Individuals who own and operate a business that is smaller in scale compared to larger corporations or enterprises.
- Ascertain the operation and importance of financial markets.
Verified Answer
LM
Lesley MartinezJul 22, 2024
Final Answer :
B
Explanation :
The bond market and stock market are both financial markets where investors buy and sell securities, while the market in which small business owners buy and sell their companies is typically referred to as the mergers and acquisitions market or the private equity market. Therefore, choice B is not a financial market.
Learning Objectives
- Ascertain the operation and importance of financial markets.