The Trustees Inform You That Your Brokerage Company Has Gone

question 65

Multiple Choice

The trustees inform you that your brokerage company has gone bankrupt. The CIPF insures your trading account up to ______ for losses of cash and securities.

• A) $1,000,000
• B) $100,000
• C) $200,000
• D) $500,000
• E) $10,000

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Definitions:

Organizations

Entities comprising multiple people, such as businesses or charities, that work towards a common goal through structured coordination.

Continuous Reinforcement

A learning process in which a behavior is reinforced each time it is exhibited, ensuring the behavior is learned quickly.

Behavior

How a person or an animal acts or reacts due to influences from the environment or internal conditions.

Oral Reprimands

Verbal corrections or scoldings given by a superior to an employee or subordinate as a form of disciplinary action.