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1. A buying on margin allows investors to profit from a increase in a security's price. * A. True B. False 2. It is illegal

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1. A buying on margin allows investors to profit from a increase in a security's price. * A. True B. False 2. It is illegal for anyone to transact in securities to profit from inside information, that is, private infor on held by officers, directors, or major stockholders that has not yet been divulged to the public. * A. True B. False 3. An investor sells 220 shares of Nike on the New York Stock Exchange through a broker. This is considered a primary market transaction." O A. True B. False

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