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Identify the incorrect statements related to the functions of a stock market: I. Facilitate liquidity and marketability of the outstanding equity and debt instruments. II.

Identify the incorrect statements related to the functions of a stock market: I. Facilitate liquidity and marketability of the outstanding equity and debt instruments. II. To ensure a measure of safety and fair dealing to protect investors interest. III. Securities are issued by the companies directly to the investors through stock exchanges.

a.

Statement III only incorrect.

b.

Statement II only incorrect.

c.

Statement II and III are incorrect.

d.

Statement I and II are incorrect.

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