Which of the Following Is Not a Key Role of an Investment

question 3

Multiple Choice

Which of the following is not a key role of an investment banker?

• A) Market maker
• B) Underwriter
• C) Acting as transfer agent
• D) Agent in private placement

---

Definitions:

Utilitarian

A philosophy or ethical theory that advocates for actions that maximize happiness and well-being for the majority.

Net Welfare

The overall well-being and economic status of a group, considering both positive gains and negative costs.

Benefits and Burden

Refers to the positive outcomes and challenges associated with a particular action, decision, or policy.

Rights Affected

Refers to the implications or changes to an individual's or group's legal rights or status as a result of a specific action, law, or event.