Which statement describing the stock market system is true?

Responses

A stock exchange is a person who sells shares of stock to the general public.

A stock exchange is a person who sells shares of stock to the general public.

A period when all companies' stocks are losing value is called a "boom."

A period when all companies' stocks are losing value is called a "boom."

The value of a share of stock can never fall below its original purchase price.

The value of a share of stock can never fall below its original purchase price.

Many companies sell stock to finance an expansion of their businesses.

1 answer

Many companies sell stock to finance an expansion of their businesses.