QUESTION
1. You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion. At the reunio
Category: Business
Subject: Accounting
Due Date: 07/30/2014
Question Asked: 2014-06-30 19:58:23
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User: ZAZU2014
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1. You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion. At the reunion your brother gave you a check for the stock and you gave your brother the stock certificates. Which of the following statements best describes this transaction?
Answer
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This is an example of an exchange of physical assets. |
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This is an example of a primary market transaction. |
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This is an example of a direct transfer of capital. |
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This is an example of a money market transaction. |
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This is an example of a derivatives market transaction. |
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1. You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion. At the reunio
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Posted on 2014-06-30 20:00:47
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... is an example of an exchange of physical assets. This is an example of a primary market transaction. ...
The full tutorial is about 97 words long.
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Posted on 2014-07-01 00:56:42
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... order for ...
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This is an example of a direct transfer of capital.
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Posted on 2014-07-29 20:48:40
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...uldn't get any easi...
The full tutorial is about 16 words long.