Typically,shares of Stock Are Stored in the Vault of the Brokerage

question 17

Multiple Choice

Typically,shares of stock are stored in the vault of the brokerage firm and you,as owner,will not take physical possession.Under these circumstances the brokerage firm is the ________ and you are the ________.

• A)street owner; settlement owner
• B)settlement owner; street owner
• C)owner of record; beneficiary owner
• D)beneficiary owner; owner of record

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Definitions:

Investors

Individuals or entities that allocate capital to an investment with the expectation of receiving financial returns.

Failure

The condition or state of not meeting a desirable or intended objective, often leading to a range of outcomes from setback to total collapse.

English Settlers

Early immigrants from England who established colonies in North America, beginning in the early 17th century.

Permanent Colony

A territory that is under the full and complete control of a foreign power indefinitely, often established for economic exploitation or strategic advantages.