Question 3

Which one of the following transactions occurred in the primary market? Mona gifted 100 shares of Apple stock to her son-in-law on his birthday. Emma instructs her broker to sell all of her shares in General Electric, Inc. The president of J.C. Penny, Inc. sold some of her shares to her daughter on the NYSE. Delta, Inc offered newly issued shares to the general public. Anthony purchased 50 shares of RIM stock from his best friend, Edward