Use the Following Two Columns of Items to Answer the Matching

question 6

Short Answer

Use the following two columns of items to answer the matching questions below:
-sell stop order
A)purchasing stock with funds borrowed from a brokerage firm
B)an order to buy or sell at the prevailing market price
C)an order to sell a stock when the price falls to a specified level
D)a brokerage firm that provides advice plus transaction services
E)a brokerage firm that executes transactions without giving advice

• A)purchasing stock with funds borrowed from a brokerage firm
• B)an order to buy or sell at the prevailing market price
• C)an order to sell a stock when the price falls to a specified level
• D)a brokerage firm that provides advice plus transaction services
• E)a brokerage firm that executes transactions without giving advice

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Definitions:

FOB Shipping Point

A term indicating that the buyer assumes responsibility for shipping costs and liability once the goods leave the seller's premises.

Legal Title

Legal ownership of property or assets, which includes the right to use, sell or transfer them.

FOB Shipping Point

A shipping term indicating that the buyer assumes transportation costs and risk of loss once the goods leave the seller's premises.

Consignee

The individual or entity designated to receive goods being shipped or transported, who may not be the actual owner of the goods until certain conditions are met.