Question

​If you decide to buy 100 shares of Google, you would probably do so by calling your broker and asking him or her to execute the trade for you. This would be defined as a secondary market transaction, not a primary market transaction. Question 15 options: True False

Answer 1

The correct answer of the given question is True.

Step-by-step explanation:

The secondary market is the place where all the issued security, which is both debts and shares is issued by the investors and also sold by them .

It is the marketplace where investors buy and sell their securities (shares and debts) from the other investors, not form that company or firm whose security is that.

Secondary market transaction is somewhere is risk-free for those investors who want to issue that security because it is issued by the other investors.