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3 years ago

The purchase and subsequent sale of a securities position in a customer account solely to generate commissions is____________.

Computers and Technology

1 answer:

Citrus2011 [14]3 years ago

5 0

Answer:

Churning

Explanation:

Churning is termed as an act of a broker conducting immoderate trading in the account of client solely to generate commissions. It is an illegal and deceptive practice. It violates security laws. The purchase and subsequent sale of a securities that are little or insignificant to meet the investment goals of client can be the evidence of churning. Consequently it causes considerable losses in client's account or can produce a tax liability.

Churning occurs due to over trading by a broker to generate commissions by buying and selling stocks excessively on the behalf of investor. This often happens when broker has permissive authority over client's account.

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The SETI (Search for Extraterrestrial Intelligence) project collected vast amounts of data that needed processing. SETI was one

I am Lyosha [343]

Answer:

grid computing

Explanation:

Based on the information provided within the question it can be said that this technology is typically known as grid computing. Like mentioned in the question, this is a type of processor architecture in which various computer resources are combines from different domains in order to work together towards a common main objective. Which is exactly what SETI has done by using many individual's computers to essentially create one supercomputer capable of handling all the data.

6 0

3 years ago

Assume that ip has been declared to be a pointer to int and that enrollment has been declared to be an array of 20 elements . As

Vitek1552 [10]

Answer:

ip = enrollment + section;

Explanation:

The variable ip has been declared to be a pointer to int.

int * ip;

The variable enrollment has been declared as an array of 20 elements .

int enrollment[20];

The variable section has been declared as an int.

int section;

In order to make ip point to the element in the array indexed by section, we can use the following statement :

ip = enrollment + section;

This will make ip point to enrollment[section].

5 0

3 years ago

Write a C++ function for the following:

Nana76 [90]

Solution :

class Account

$\{$

public:

$\text{Account}()$ ;

double $\text{getBalance}$ ();

void $\text{setBalance}$ ();

$\text{bool withdraw}$ (double bal);

$\text{private}:$

double $\text{balance}$ ;

$\text{Account}()$ {}

double $\text{getBalance}$ ()

$\{$

$\text{return balance}$ ;

}

void $\text{setBalance}$ (double $\text{balance}$ )

$\{$

this. $\text{balance}$ = $\text{balance}$ ;

}

$\text{boolean}$ withdraw( $\text{double bal}$ )

$\{$

if( $\text{balance}$ >= bal)

$\{$

$\text{balance}$ = $\text{balance}$ - bal;

$\text{return}$ true;

}

$\text{return}$ false;

}

4 0

3 years ago

In C, a switch construct can have ________ number of default case(s). *

azamat

I think so that it will be zero or more

7 0

3 years ago

Write a program that takes a point (x,y) from theuser and find where does the point lies. The pointcan

agasfer [191]

Answer:

C++ Program .

#include<bits/stdc++.h>

using namespace std;

int main()

{

int x,y;//declaring two variables x and y.

string s;//declaring string s..

cout<<"enter x and y"<<endl;

cin>>x>>y;//taking input of x and y..

if(x>=0 &&y>=0) //condition for 1st quadrant..

cout<<"the point lies in 1st Quadrant"<<endl;

else if(x<=0 &&y>=0)//condition for 2nd quadrant..

cout<<"the point lies in 2nd Quadrant"<<endl;

else if(x>=0 &&y<=0)//condition for 3rd quadrant..

cout<<"the point lies in 3rd Quadrant"<<endl;

else //else it is in 4th quadrant..

cout<<"the point lies in 4th Quadrant"<<endl;

cout<<"enter n to terminate the program"<<endl;

while(cin>>s)//if the user has not entered n the program will not terminate..

{

if(s=="n")

{

cout<<"the program is terminated"<<endl;

exit(0);

}

cout<<"you have not entered n please enter n to terminate the program<<endl;

}

Explanation:

The above written program is for telling the point lies in which quadrant.I am first declaring two variables x and y.Then after that taking input of x and y after that checking in which quadrant the point lies.

Taking input of the string s declared earlier for program termination the program will keep running until the user enters n.

4 0

3 years ago