Listing of securities in a stock exchange for the purpose of trading indicates that__.
A. at the time of listing, the company is financially sound.
B. at the time of listing, the company is legally organized.
C. the stock exchange guarantees about the financial soundness of the company.
D. the stock exchange not guarantees about the financial position.
Answer:B
Listing of securities in a stock exchange for the purpose of trading indicates that__.
A. at the time of listing, the company is financially sound. B. at the time of listing, the company is legally organized. C. the stock exchange guarantees about the financial soundness of the company. D. the stock exchange not guarantees about the financial position.