Choose wisely. There is only one correct answer to each question.
0%
Keep studying!
Review your answers below to learn more.
1.
With a _______ account, you may borrow from your broker to buy securities.
Margin. Margin accounts let you borrow funds from your broker.
2.
Through ________, you can buy stock shares without a broker.
Dividend reinvestment plans. If you already own stock in a company, your reinvested dividends can buy more shares directly. Not all companies offer these plans, however.
3.
To buy or sell publicly traded stock, you usually must use a broker.
True. A broker executes trades for you.
4.
If you place a _______ order, your broker will buy or sell stock at a specific price.
Limit. A limit order limits the price at which your broker will buy or sell a stock.
5.
Which type of broker provides investment research and assistance with making investment decisions?
Full-service. In return for higher commissions, the broker offers investment advice and research.