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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › FR notes chapter 6 ex4
Hi sir, thanks for the lecture!
In ex 4 of chapter 6 in the notes, how did you determine it was not an active market?
You’re welcome!
A brand would be something like Amazon or Nike and these ‘names’ are not frequently traded in any volume, so do not meet the active market definition.
Thanks
