Anna withdrew funds from her bank and purchased 500 shares of ABC stock at the recommendation of her broker. Which one of these

Question

fgiga [73]

3 years ago

6

Anna withdrew funds from her bank and purchased 500 shares of ABC stock at the recommendation of her broker. Which one of these

parties meets the definition of a delegated monitor

Business

1 answer:

Pavel [41] · Answer 1 · 2022-11-11T07:51:47+03:00

Answer:

The answer is "Anna's broker"

Explanation:

The delegated monitoring would be a financial intermediary as it borrows from small investors and uses uncontrolled liabilities (deposits) (whose loans it monitors).

In opposition to individuals that monitor the buyer independently, it relates to delegating the job of watching with such a bank and therefore satisfies the description of delegated monitor from Anna broker parties.