Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) Generally, online transactions are less expensive when compared with the costs of trading securities through a full-service brokerage firm.
B) Full-service brokerage firms charge 3 to 5 percent of the transaction amount.
C) Commissions for trading bonds are usually lower than those for trading stocks.
D) With the exception of most mutual funds, the investor generally pays a commission when buying and selling securities.
E) Most brokerage firms have a minimum commission for trading securities.