A Broker Has Transferred Stock Held in His Own Name

question 8

Multiple Choice

A broker has transferred stock held in his own name in order to fill a request from a client and made a profit in doing so. Has the broker breached any duties to his client in this instance?

• A) No, the broker is entitled to earn a profit from the services he provides to his client.
• B) Yes, the broker has a conflict of interest requiring disclosure and consent.
• C) Yes, the broker breached his duty of confidentiality.
• D) No, the broker is completely compliant with his fiduciary duties.

Analyze the significance of campaign finance reform for political sociology.

Define and comprehend the concept of traditional authority.

Describe the nature and impact of social movements.

Evaluate the influence of Political Action Committees (PACs) on political support and donations.

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Definitions:

Algorithms

Step-by-step procedures or formulas for solving problems or performing tasks, often used in computing for data processing and problem-solving.

Heuristics

Rules of thumb that help us simplify and solve problems.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Problem Solver

An individual or tool that identifies, analyzes, and finds solutions for complex or simple issues.