Question

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and iii

Answer 1

The services will be provided by a full-service broker but not by a discount broker will be the research of potential investment opportunities, purchase, and sale of stock at your request.

What is a broker?

A broker is a person or company who works as a go-between for an investor and a securities exchange. Securities exchanges only accept orders from people or businesses that are members of the exchange.

The services of a full-service broker include;

1. Look into investment alternatives that may be advantageous.

2. Can trade in stock at a client's request.

The services will be provided by a full-service broker but not by a discount broker will be the research of potential investment opportunities, purchase, and sale of stock at your request.

Hence option a ( i and iii ) are correct.

To learn more about brokers refer to the link;

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