Toby Is an Accountant Whose Clients Include U-All Company

question 22

Multiple Choice

Toby is an accountant whose clients include U-All Company.If Toby is negligent in his work for U-All,most courts would hold him liable to U-All and

• A)any third party.
• B)no third party.
• C)third parties who are foreseen users of the work.
• D)third parties who are reasonably foresee-able users of the work.

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Definitions:

Algorithmic Trading

The use of computer programs to make trading decisions.

High Frequency Trading

High Frequency Trading (HFT) involves using sophisticated technological tools and computer algorithms to trade securities on a rapid basis, often within milliseconds.

Dark Pools

Electronic trading networks where participants can anonymously buy or sell large blocks of securities.

Market Order

A type of trading order that instructs to buy or sell a security immediately at the current market price.