Which of the following is a primary market transaction?

a. ibm issues 2,000,000 shares of new stock and sells them to the public through an investment banker.
b. ibm sells 2,000,000 shares of treasury stock to its employees when they exercise options that were granted in prior years.
c. you sell 200 shares of ibm stock on the nyse through your broker.
d. you buy 200 shares of ibm stock from your brother. the trade is not made through a broker; you just give him cash and he gives you the stock.
e. one financial institution buys 200,000 shares of ibm stock from another institution. an investment banker arranges the transaction.

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.