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Fin 534

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Fin 534
Fin 534 chapter 1,Quiz 1

• Question 1

| | |
| |You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion. At the reunion your brother gave | | | |
| |you a check for the stock and you gave your brother the stock certificates. Which of the following statements best describes this | | | |
| |transaction? | | | |
| | | | | |
| | | | | |
| | | | | |
| |Correct Answer: | | | |
| |[pic] | | | |
| |This is an example of a direct transfer of capital. | | | |
| | | | | |

• [pic]Question 2

| | |
| |Which of the following statements is CORRECT?
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