Question

The market where existing securities are sold is:______.

a. the primary market.
b. the secondary market.
c. the economic market.
d. the financial market.

Answer 1

b. the secondary market.

Step-by-step explanation:

The secondary market is the market in which the securities are offered and sold which are previously issued by the company. No new securities are to be offered to the investors this case refer to the primary market in which the initial public offer is made i.e. new securities are offered to the general public

Therefore in the given case, the correct option is b. the secondary market