Which of the Following Statements Is NOT True About Broker

question 91

Multiple Choice

Which of the following statements is NOT true about broker 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 what they charge as a commission is less than the cost of direct search.
• D) Brokers can guarantee an order because they have an inventory of securities.