Jamie Presner Purchased 100 Shares of Bank of Montreal for $86.00

question 51

Multiple Choice

Jamie Presner purchased 100 shares of Bank of Montreal for $86.00 Jamie also paid $50 commission.What was the total purchase price for this transaction?

• A)$50.00
• B)$86.00
• C)$8,650.00
• D)$8,289.50
• E)$860.00

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Definitions:

E-SIGN Act

Federal law that validates the use of electronic records and signatures in commerce as legally equivalent to paper-based documents and traditional signatures.

Electronic Medium

A means of communication or the transmission of information that utilizes electronic technology, such as the internet or email.

Unordered Office Supplies

Refers to office supplies sent to a company or individual without prior request or order, often as a scam to demand payment.

Legal Obligation

A duty enforceable by law, derived from statute, contract, or legal precedent.