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In an agency by ratification, a principal cannot accept the benefits of a transaction and refuse to accept the:
Spread
The difference between the bid and the ask price of a security or the difference between the interest rate paid for deposits and received for loans.
Institutional Investors
Organizations such as banks, insurance companies, and pension funds that make substantial investments on the capital markets.
Major Exchanges
The leading stock exchanges worldwide, such as the New York Stock Exchange and the Nasdaq, where securities are bought and sold.
Price Setting
The process by which a company determines the selling price of its products or services.
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