Which of the Following Executes Trades for Other Parties

question 25

Multiple Choice

Which of the following executes trades for other parties?

• A)Local
• B)Day trader
• C)Scalper
• D)Position trader
• E)Commission broker

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Definitions:

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses, often seen in mergers or acquisitions.

Common Stock

A type of security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends and capital appreciation.

Appraised Fair Value

The estimated market value of an asset or liability determined by a qualified appraiser.

Journal Entry

A record in accounting that represents a business transaction, indicating the effects on each affected account in debit and credit formats.