A Long-Term Investment Technique Used by Investors to Purchase Stock

question 118

Multiple Choice

A long-term investment technique used by investors to purchase stock directly from a corporation without paying a commission to a broker is called:

• A)dollar cost appreciation.
• B)direct investment plan.
• C)unregulated transaction.
• D)regulated transaction.
• E)over-the-counter transaction.

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Definitions:

Pay To The Order

A directive on a financial instrument instructing the payment to the individual or entity whose name follows.

Notice

A formal communication or announcement given to a party, usually in writing, about an action or condition.

UCC

A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across American states.

Actual Knowledge

Direct awareness or understanding of a fact, without needing to infer from other facts.