A Round Lot Consists of Multiples of 100 Shares of Stock

question 48

True/False

A round lot consists of multiples of 100 shares of stock.

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Definitions:

Preliminary Hearing

A pretrial proceeding where a judge determines whether there is enough evidence to require a trial on the charges against a defendant.

Beyond A Reasonable Doubt

The standard of evidence required to convict a person in a criminal trial, indicating that there is no logical explanation other than the defendant's guilt.

Fifth Amendment

an amendment to the U.S. Constitution that provides several protections to individuals, including the right against self-incrimination and double jeopardy.

Indigent Defendants

Defendants in a legal proceeding who lack the financial resources to pay for their own defense and may be entitled to receive legal representation at the expense of the government.