An Entity That Purchases and Sells Securities on Its Own

question 185

Multiple Choice

An entity that purchases and sells securities on its own behalf is acting as:

• A) A broker
• B) A dealer
• C) An agent
• D) A principal

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Definitions:

Psychological Empowerment

A state in which individuals feel a sense of control over their work and perceive their tasks as meaningful, leading to increased motivation and satisfaction.

Work Roles

The functions or responsibilities assigned to individuals in a professional setting.

Delegate Effectively

The skill of assigning responsibilities and tasks to others in a manner that ensures successful completion and efficiency.

Authority

The power or right to give orders, make decisions, and enforce obedience, often backed by laws or by the consensus of a group.