1. Which of the following is true of a securities exchange?
The stocks are traded on a securities exchange using pink slips only.
The securities exchange acts as a market maker where new securities are sold to the public.
The buyer and the seller in a securities exchange underwrite shares with the investment banker.
The securities exchange is a primary market for sale of securities on the over-the-counter bulletin board (OTCBB).
The traded securities change hands right there on the floor of the securities exchange.
2. Which of the following is FALSE concerning Mechanic’s Liens?
a. Gives the right to attach a lien on real estate
b. Can get money through forcing judicial sale
c. Lasts even after the bill for labor and materials has been paid
d. Might not be disclosed by the public records