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8. Which of the following owing transactions takes place in the secondary market? An investor buying ta A Ten percent ownership of a start-up company

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8. Which of the following owing transactions takes place in the secondary market? An investor buying ta A Ten percent ownership of a start-up company B. 50,000 shares of stock in his online brokerage account million of U.S. Treasury bills through the government auction a partnership is considering incorporating next year so that the pany has a greater access to capital. The partners currently are subject to a 40 percent 9. A company that is currently ual income tax on partnership income. If they incorporate, the corporation's income tax rate percent, and the corporation would pay out one-half of all income in the form of dividends individ which would be taxed at a rate of 30 percent. The company estimates taxable income of $1 million next year. The net effect of incorporating on taxes (both business and owners') is: A a decrease in taxes B. no change in taxes. C. an increase in taxes

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