Which of the Below Statements Is TRUE

question 46

Multiple Choice

Which of the below statements is TRUE?

• A) Overall, non-intermediated, quote-driven markets may be less costly due to the absence of profit-seeking dealers.
• B) The Nasdaq is primarily a continuous auction order-driven system based on customer orders but the specialists enhance the liquidity by their market-making to maintain a fair and orderly market.
• C) The NYSE is a continuous market during the trading day and a call auction market to open and close the market and to reopen after a stop in trading. Thus, the NYSE is not a hybrid market.
• D) Nasdaq (an acronym for the National Association of Securities Dealers Automated Quotations System) began as a descendant of the OTC dealer network, and is a dealer quote-driven market.

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Definitions:

Brand Engagement

The forging of deep connections between consumers and a brand, characterized by frequent interaction and elevated loyalty.

Environmentally Friendly

Practices or products that do not harm the environment, often focusing on reducing pollution and conserving resources.

Packaging Functions

The roles packaging plays in protecting and preserving products, providing information to consumers, and facilitating transportation and storage.

Biodegradable Materials

Substances or products capable of being decomposed by bacteria or other living organisms, reducing pollution and the impact on the environment.