Introduction to the Securities Law Self-Quiz








Which of the following is the reason for the evolution of the securities laws?
Choice 1 A need for transparency and disclosure.
Choice 2 The need for companies to organize their financial standards.
Choice 3 The need to regulate the securities markets.
Choice 4 All of the above.
Gus is in the business of creating deals between individuals who own shares in a variety of corporations and people interested in buying those shares. Gus is known as a(n):
Choice 1 trader.
Choice 2 investor.
Choice 3 broker-dealer.
Choice 4 stock merchant.
A corporate debt instrument which is publicly traded is referred to as a(n):
Choice 1 debenture.
Choice 2 note.
Choice 3 annuity.
Choice 4 bond.
If a bond is said to have a “coupon of 3%” and a face value of $100, has a three year maturity, was originally sold for $70, and can be purchased in the market for $96 currently, what amount will be paid the holder of the bond at maturity?
Choice 1 $79
Choice 2 $96
Choice 3 $99
Choice 4 $100

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