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Financial claims are liabilities (if debt) or equity (if shares) for recipients of funds and are assets to providers of funds. Which of the following

Financial claims are liabilities (if debt) or equity (if shares) for recipients of funds and are assets to providers of funds. Which of the following statements is NOT correct? Question 2 options: a) Owners of financial claims can sell them in the primary market. b) Deficit spending units raise funds by issuing financial claims in the primary market. c) Owners of financial claims can sell them in the secondary market before maturity date. d) A financial claim has one issuer but possibly successive owners through the secondary market.

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