You recently sold 100 shares of Microsoft stock 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 best describes this transaction?a.This is an example of a direct transfer of capital.b.This is an example of a primary market transaction.c.This is an example of an exchange of physical assets.d.This is an example of a money market transaction.e.This is an example of a derivative market transaction.

Respuesta :

Answer:

a.

Explanation:

Based on the information provided within the question it can be said that the scenario in question is an example of a direct transfer of capital. This is when an asset that holds some kind of monetary value is transferred from one individual/account to another individual/account. Which is exactly what happened in this scenario as you and your brother exchanged one asset (stock) for another (check).