Which of the Following Is NOT True About a Dealer

question 2

Multiple Choice

Which of the following is NOT true about a dealer?

• A) A dealer has inventory risk.
• B) A dealer matches a buyer and a seller and earns commissions for this service.
• C) A dealer posts bid and ask prices.
• D) A dealer must have adequate capital to maintain her portfolio of securities.
• E) A dealer trades on her own account.

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Definitions:

Embryonic Period

A stage in prenatal development occurring from the 2nd to the 8th week after fertilization during which major organs and structures begin to develop.

Developing Fetus

Describes the growth and development stages of an unborn baby inside the mother's womb.

Age of Viability

The point in fetal development at which the fetus may survive outside the uterus with medical support, typically around 24 weeks of pregnancy.

Seventh Month

The period extending from the 1st to the end of the 31st day of the seventh month (July in the Gregorian calendar), or inferring the seventh month of pregnancy, indicating advanced pregnancy stage.