Commissions Charged on the Trading of Stock Are

question 16

Multiple Choice

Commissions charged on the trading of stock are:

• A)Only on buying of stock
• B)On buying and selling of stock
• C)Only on sale of stock
• D)Fixed
• E)None of these

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Definitions:

Republican Party

One of the two major contemporary political parties in the United States, also known as the GOP (Grand Old Party), founded in 1854 primarily to oppose the expansion of slavery into Western territories.

Southern Industry

The sector of the economy in the southern United States, traditionally characterized by agriculture but diversified into manufacturing and services in the 20th century.

Grant

A sum of money given by the government or other organization for a particular purpose that does not need to be repaid.

Re-election

The act of being elected again to a political position that one has previously held.