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Juliette [100K]
4 years ago
9

A registered representative solicits a new customer to purchase a "penny stock." Prior to effecting the transaction, which proce

dure is required
Business
1 answer:
marta [7]4 years ago
7 0

Answer: StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

Explanation:

The options to the question are:

StatusA A. Send a prospectus to the customer

StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

StatusC C. Have the branch manager approve the order and then fill the customer's order in the same manner as with any other security

StatusD D. Send the customer a Subscription Agreement to be signed before filling the order.

The correct answer is StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order.

Under the penny stock rule of the Securities exchange commission, when a new customer is being solicited by a registered representative to purchase an over-the-counter stock non-NASDAQ, a detailed statement must be completed by the registered representative on behalf of the customer.

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when rival firms compete aggressively by trying to attract competitors' customers, this might be an indication of:
Kryger [21]

Answer:

Slow industry growth

Explanation:

Slow industry growth is the growth that shows the industry at a slow rate or no growth is there.

It could arise when the consumer does not opt for a high demand

In the given situation, it is mentioned that when competitive firms aggressively trying to attract the customers of competitors so this is an indication of the slow economic growth and hence, the same is to be considered

5 0
3 years ago
Suppose the Imperial Galactic Bank has received $1,000 of deposits and all banks face a required reserve ratio of 10 percent. Wh
Bumek [7]

Answer:

Money Multiplier= 1/ reserve ratio = 1/10% = 10

Change in Money Supply = Change in Reserves * Money Multiplier

= 1,000 * 10 = 10,000

So, option d is the correct option.

4 0
4 years ago
If long run aggregate supply (LRAS) is vertical, then which of the following statements must be true
Shtirlitz [24]

If long run aggregate supply (LRAS) is vertical, the statements that must be true is:  Aggregate demand does not affect the quantity of output.

<h3>What is aggregate supply?</h3>

Aggregate supply can be defined as the amount of goods or product a firm is expected to produce and sell or made available to buyers at a particular period of time.

Hence, assuming aggregate supply is vertical, aggregate demand  which is the amount of goods buyers are willing to buy will not not affect the quantity of output or goods produced.

Learn more about Aggregate supply here:brainly.com/question/25749867

#SPJ1

6 0
2 years ago
Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing meth
Sedbober [7]

Answer:

Number = 1,490

Cost of goods available for sale = $75,200

Explanation:

Computing the number as:

Number = (Beginning inventory + Purchases + Purchases) - Sales

Number = (1,220 + 310 + 270) - 310

Number = 1,800 - 310

Number = 1,490

Computing the cost of goods available for sale as:

Cost of goods available for sale = Total cost of beginning inventory + Total Cost of purchase + Total Cost of purchase

Cost of goods available for sale = $17,600 + $27,900 + $29,700

Cost of goods available for sale = $75,200

5 0
4 years ago
___________________ occurs when meanings are misinterpreted due to intentional or unintentional problems during the sending or r
Ksivusya [100]

Answer:

Message distortion.

Explanation:

This term is explained to be a change in signal or is said to occur when message sent by one communicator is misinterpreted by the said receiver. In some cases processes shows that in this study form, their functioning is affected by certain of variables ranging from the objects or events being perceived, the environment in which perception occurs, and the individual doing the perceiving.

In some cases, misinterpretation is seen to play roles that form distortion in messages; thereby hampering the communication process. Also some environmental factors posses constraints of lights, sounds, smell, objects, social, political, cultural, technological environments which govern the human behaviour and stimulate him into action affecting communication too.

6 0
4 years ago
Read 2 more answers
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