When Your Equity Position in a Security Is Less Than

question 38

Multiple Choice

When your equity position in a security is less than the required amount, your brokerage firm will issue a:

• A)margin call.
• B)margin certificate.
• C)cash certificate.
• D)limit order.
• E)leverage call.

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Definitions:

Levels

Different stages, degrees, or magnitudes of a particular factor or phenomenon, often used to describe hierarchy or intensity.

Ready

A state of being fully prepared and available to undertake a specified activity or task.

Positively Stated

Expressing something in a positive manner, focusing on constructive or affirmative aspects.

Goal

A specific, measurable, achievable, relevant, and time-bound objective that an individual or group aims to accomplish.