INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 128

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-A deep discount broker will execute orders as well as [pick the stocks for you to buy | provide extensive information about various securities | offer little to no other services].

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Statutory Law

Laws and regulations enacted by legislative bodies at the federal, state, or local levels.

Judicial Precedent

A principle or rule established in a previous legal case that is binding or persuasive for a court when deciding subsequent cases with similar issues or facts.

Customs

The official department that administers and collects the duties levied by a government on imported goods, as well as the traditions and accepted practices within a society.

National Industrial Recovery Act

A law passed in 1933 as part of the U.S. New Deal to stimulate economic recovery, establish fair competition, and reduce unemployment.