All Prices Quoted by Brokers Should Be Taken to Be

question 459

Multiple Choice

All prices quoted by brokers should be taken to be:

• A) under reference
• B) firm, but not necessarily in marketable amounts
• C) firm, unless otherwise qualified
• D) merely indicative

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Definitions:

Prosperity

A state of being successful, especially in financial terms, marked by flourishing conditions and/or wealth.

Acceptance Theory

Suggests that the effectiveness of leadership or management depends on the consent and support of followers or workers.

Herzberg's Theory

A motivational theory dividing factors at work into two categories: hygiene factors, which can cause dissatisfaction, and motivators, which can create satisfaction.

Institutional Theory

A theory that emphasizes the role of institutions in shaping the behavior and decisions of individuals and organizations by establishing norms, values, and rules.