A Securities Professional Who Engages in the Business of Buying

question 172

Multiple Choice

A securities professional who engages in the business of buying and selling securities for their own account is a:

• A)broker
• B)churner
• C)investment adviser
• D)scalper
• E)none of the other choices

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Definitions:

Economic Analysis

The study or evaluation of the economic aspects of an action or decision, including costs, benefits, risks, and potential for profit.

Cannibalization Potential

The likelihood that a new product will decrease sales of existing products offered by the same company.

Prototype

An initial model of a product used to test and validate design principles before full-scale production.

Full-scale Operating Model

A detailed representation of a business's functions and processes, enabling it to operate at full capacity and efficiency.