The Difference Between an Organized Exchange and an Over-The-Counter Market

The difference between an organized exchange and an over-the-counter market is that the transactions that occur on an organized exchange ________ and the over-the-counter transactions ________.

A) are initial offerings;are seasoned issues
B) are seasoned issues;are initial offerings
C) take place in a physical building;are conducted over the phone or via a computer
D) are conducted over the phone or via a computer;take place in a physical building
E) are initial offerings;are conducted over the phone

Correct Answer:

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