Which of the Following Statements Best Describes Principal Trading

question 46

Multiple Choice

Which of the following statements best describes principal trading?

• A)A trade which a broker executes at the request of an underwriter
• B)A trade which a broker executes on behalf of a client
• C)A trade which a broker executes on their own behalf
• D)Both B and C

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Definitions:

Hammer

A tool typically used to drive nails into, or pull them out of, some other object, generally involving a handle attached to a heavy head.

Anvil

a heavy iron block typically used in forging or metalworking as a surface upon which metal can be hammered and shaped.

Stirrup

A ring or frame, hanging down from the saddle of a horse, for a rider's foot.

Auditory Receptors

Auditory receptors are specialized cells located in the inner ear that convert sound waves into electrical signals, which are then interpreted by the brain as sound.