No Writing Is Required for a Contract by Which a Broker

question 33

True/False

No writing is required for a contract by which a broker agrees with a customer to buy or sell securities for the customer.

---

Definitions:

Market Power

The ability of a company or entity to influence or control prices and market conditions within a particular industry or market segment.

Competition

The rivalry between businesses or vendors to attract customers, drive sales, and achieve market dominance.

Printers

Devices that convert computer generated text and graphics into physical copies on various media, such as paper or fabric.

Illegality

The state of being illegal or not permitted by law.