Sample Question, Quiz #1

1. Major stock exchange on which many tech stocks are listed

NASDAQ

NYSE

SEC

DOW

2. What does a corporation that wants to go public need to do?

Register with the SEC

Provide a prospectus to potential investors

Begin to file financial statements quarterly with the SEC

All of the above

3. Which type of business is easiest to form?

Corporation

Partnership

Sole Proprietorship

All are equally easy to form

4. If a stock is not listed on an exchange, then

It cannot be a publicly traded corporation

It can trade over the counter

It will be fined by the SEC

It must have less than 500 stockholders

5. Which of the following provides order in the stock market by standing ready to buy shares of certain stocks at certain prices?

CFO

Broker

Investment banker

Market maker