Which of the Following Statements Is FALSE

question 33

Multiple Choice

Which of the following statements is FALSE?

• A) Limit orders are executed by the specialist when the market price moves to the limit.
• B) The NYSE lists stocks throughout the United States and, thus, is not a "national exchange."
• C) Overall, the NYSE trading mechanism is an auction-based, order-driven market.
• D) The need for "space" for trading floors for the NYSE derives from its trading mechanism, the floor-based specialist system.

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Definitions:

Tastant

Substances that can be tasted or detected by the taste receptors, contributing to the sense of taste.

Depolarization

The reduction in membrane potential that makes a neuron more likely to produce an action potential.

G Protein

A form of protein that serves as a cellular molecular switch, playing a role in conveying signals from external stimuli into the cell's inside.

Conjunctiva

Mucous membrane covering the anterior surface of the eyeball and lining the lids.