Question

What is the difference between a primary market and a secondary market?

A primary market is paid first if a company is in trouble; a secondary market gets what is left.
A primary market is money lent for less than a year; a secondary market is money lent for a longer time.
A primary market is financial assets that can be redeemed only by the original investor; a secondary market’s assets can be resold.
A primary market is redeemed by a company’s assets; a secondary market is redeemed by what is owed to the company.

Answer 1

A primary market is financial assets that can be redeemed only by the original investor; a secondary market’s assets can be resold. the 3rd one