Which One of the Following Statements Is NOT True About

question 82

Multiple Choice

Which one of the following statements is NOT true about brokered markets?

• A) Brokers bring buyers and sellers together to earn a fee, called a commission.
• B) Brokers' extensive contacts provide them with a pool of price information that individual investors could not economically duplicate themselves.
• C) Investors have an incentive to hire a broker because they charge a commission that is less than the cost of direct search.
• D) Brokers can guarantee an order because they have an inventory of securities.

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Definitions:

Negative Integer

An integer less than zero, represented by a negative sign (-) in front of a positive number.

Distributive Property

A property in mathematics that allows you to multiply a sum by multiplying each addend separately and then adding the products.

Exponential Expression

An expression that involves an exponent, indicating how many times the base is multiplied by itself.

Exponential Expression

A mathematical phrase where numbers or variables are raised to a power or exponent.