Which One of the Following Statements Is Not True About

question 40

Multiple Choice

Which one of the following statements is not true about brokered markets?

• A)Brokers can guarantee an order because they have an inventory of securities.
• B)Brokers bring buyers and sellers together to earn a fee,called a commission.
• C)Investors have an incentive to hire a broker because they charge a commission that is less than the cost of direct search.
• D)Brokers' extensive contacts provide them with a pool of price information that individual investors could not economically duplicate themselves.

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Definitions:

Best Buy

A leading retailer specializing in electronics and technology products and services.

Moral Suasion

The act of persuading a person or group to act in a certain way through appeals to morality or conscience, rather than by using force or legal pressure.

Business Conduct

The ethics, manners, and practices that a business follows in its operations and interactions with stakeholders.

Geek Squad Logo

The trademark branding of Geek Squad, a subsidiary of Best Buy, known for offering technology repair and assistance services.