Which One of the Following Best Describes a Broker

question 48

Multiple Choice

Which one of the following best describes a broker?

• A)intermediary who arranges trades between a buyer and a seller
• B)trader who buys and sells from his or her inventory
• C)firm which charges a commission for arranging a transaction
• D)person who buys securities for his or her own account on an exchange floor
• E)trader who transacts business on behalf of a securities issuer

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Definitions:

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