Which One of the Following Statements Concerning Dealers and Brokers

question 43

Multiple Choice

Which one of the following statements concerning dealers and brokers in the financial markets is correct?

• A)A broker never assumes ownership of the securities being traded.
• B)A dealer pays the ask price when purchasing securities.
• C)A broker earns income in the form of a bid-ask spread.
• D)A dealer in market securities arranges sales between buyers and sellers for a fee.
• E)A broker deals solely in the primary market.

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Definitions:

Drug Tolerance

A condition in which successive increases in the dosage of a drug are required to maintain a given therapeutic effect.

Morphine

An opioid analgesic drug derived from the opium poppy, used primarily in medicine to relieve severe pain by depressing the central nervous system.

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Discomfort or ache in the abdomen area, which can be a symptom of various conditions ranging from benign to serious.

Pain Assessment

The process of evaluating and measuring the intensity, duration, and nature of pain, guiding management and treatment plans.