Solved

Which Is the Correct Order of Events When an Individual

Question 59

Multiple Choice

Which is the correct order of events when an individual buys a stock through a brokerage firm?
I. The order is transmitted to the main office of the brokerage firm.
II. The customer places the order with their local stockbroker.
III. The confirmation of the order is sent to the broker placing the order.
IV. The order is sent to the floor of the exchange.


A) I, II, III, IV
B) II, I, III, IV
C) II, IV, I, III
D) II, I, IV, III

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions