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NEW QUESTION: 1

A. Option D
B. Option B
C. Option A
D. Option C
Answer: A

NEW QUESTION: 2
Anna Vestor placed an order to sell 100 shares of Microsoft through the on-line site of her broker, GetErDone Broker-Dealers. GetErDone sold her shares for $24.59 a share and charged her a commission of $8.95. Among other things, the trade confirmation that Anna receives must stipulate:
I. the time and date of the transaction.
II. that GetErDone served as a principal in the transaction.
III. the number of shares sold and the price at which they were sold.
IV. the exchange or ECN on which the transaction was executed.
A. I and III only
B. I, II, III, and IV
C. I, III, and IV only
D. I, II and III only
Answer: A
Explanation:
Explanation/Reference:
Explanation: Among other things, the trade confirmation that Anna receives must stipulate the items described in Selections I and III only. The trade confirmation that Anna receives from GetErDone must stipulate the time and date of the transaction, the number of shares sold, and the price at which they were sold. The exchange or ECN on which the transaction was executed is not provided on the confirmation statement. Whether GetErDone acted as a principal or a broker in the transaction does need to be stipulated, but in this instance GetErDone acted as a broker, not a principal. GetErDone did not itself buy the shares from Anna.

NEW QUESTION: 3
Changes made in the Source Editor affects the objects____________
A. at particular time intervals
B. after they are compiled
C. immediately upon saving
D. in no way, as the source editor state is read-only and system generated
Answer: C

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