In Which of the Following Cases Might an Investor Receive

question 82

Multiple Choice

In which of the following cases might an investor receive help from The Securities Investor Protection Corporation?

• A) The investor purchased a stock at $40 per share because his broker recommended it. Over the next six months, it fell to $20 per share.
• B) The investor purchases stock in a company that shortly later was forced into bankruptcy because of accounting fraud.
• C) The investor holds $100,000 worth of stock in certificate form. The certificates are destroyed in a fire.
• D) A broker took money sent by investors to cover stock purchases, but never invested it and sent falsified statements to cover the fraud.

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Definitions:

Crosstab Query

A query in a database that aggregates and possibly summarizes data in a tabular format, often used for comparison or analysis.

Append Query

An append query is a type of database query that adds records from one or more sources to the end of a table.

Query Grid

A graphical tool within database software that enables users to create and manipulate SQL queries by arranging table fields graphically.

Delete Query

A command or instruction in a database management system to remove records from a database based on specified criteria.