Which One of the Following Statements Concerning Stock Trades Is

question 97

Multiple Choice

Which one of the following statements concerning stock trades is correct?

• A) Brokerage firms send customer orders to a market maker on the floor of the NYSE.
• B) Confirmation of a trade is transmitted directly from the NYSE to the customer who placed the order.
• C) A broker transmits OTC orders from a customer directly to a floor broker in the OTC market.
• D) Brokerage firms generally hold securities in street name so they can be transferred without the customer's signature.

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Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, which controls most functions of the body and mind.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem down the back, and is encased in the vertebral column.

Stunted Growth

A condition of significantly impaired growth and development in children, due to malnutrition, infection, or other factors.

Malnutrition

A condition that arises from inadequate intake of nutrients leading to poor health.