Multiple Choice: Conceptual

Ron Weasley recently sold $100$ shares of Apple stock to his sister, Ginny. Ron gave Ginny a check for the stock and she gave his brother the stock certificates. Which of the following

best describes this transaction?

a$.$ This is an example of a primary market transaction.

b$.$ This is an example of a derivative market transaction.

c$.$ This is an example of a money market transaction.

d$.$ This is an example of a direct transfer of capital.

e$.$ This is an example of an exchange of physical assets.