Which One of the Following Statements Concerning Dealers and Brokers

question 38

Multiple Choice

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

• A)A dealer in market securities arranges sales between buyers and sellers for a fee.
• B)A dealer in market securities pays the asked price when purchasing securities.
• C)A broker in market securities earns income in the form of a bid-ask spread.
• D)A broker does not take ownership of the securities being traded.
• E)A broker deals solely in the primary market.

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Definitions:

Aquatic Habitat

encompasses ecosystems in water environments, providing living space and necessary resources for aquatic organisms.

Cold Ecosystem

An ecosystem characterized by low temperatures and short growing seasons, often found in polar or high-altitude regions.

Coniferous Forest

A biome characterized by trees with needles or scale-like leaves, including many species that bear cones.

Polar Ice

Frozen water found in the polar regions of Earth, including both sea ice and land-based ice sheets that play a crucial role in the global climate system.