Excessively trading a customers account to increase a stockbrokers commission income is
A) an acceptable method of timing the market to increase rates of return.
B) called churning which is an illegal practice.
C) probably unethical but yet is acceptable by the securities industry.
D) permitted provided that the customer does not object.
Answer: B
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a. Direct labor usage. b. Machine operations. c. Consumption of indirect materials and energy usage. d. Machine setups and product design changes.
Semicolons have __________ primary purposes
a. two b. three c. four d. five
A procedure and function are named program units that are called to perform a specific task.
Answer the following statement true (T) or false (F)
In some cases, the Court will not grant the remedy of rescission. In which of the following
situations would a court refuse to grant rescission? A) resale of the property to a purchaser who knows of the misrepresentation B) undue haste in claiming rescission C) the goods involved were very expensive D) resale of property to a bona fide purchaser who did not know of the misrepresentation E) rescission is not granted in any of the above situations