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NEW QUESTION: 1
A. Option A
B. Option D
C. Option B
D. Option C
Answer: A,D
NEW QUESTION: 2
Consider the following diagram, which shows a relationship between two business objects:
Which of the following best describes the relationship shown in the diagram between Insurance Policy and Insured Individuals?
A. Insurance policy is composed of insured individuals
B. All required information about insured individuals is stored within the insurance policy record
C. Insurance policy groups insured individuals
D. Insurance policy is used by insured individuals
Answer: C
NEW QUESTION: 3
The primary difference between dealers and brokers is that:
A. dealers operate only in the bond market, while brokers conduct trades in stocks, bonds and options.
B. Both Choices B and C describe differences between dealers and brokers.
C. dealers are market makers, who buy and sell out of their own inventory of securities, while brokers are
matchmakers, who match buyers with sellers.
D. dealers operate exclusively in the primary market whereas brokers operate only in the secondary
market.
Answer: C
Explanation:
The primary difference between dealers and brokers is that dealers are market makers, who
buy and sell out of their own inventory of securities, while brokers are matchmakers, who match buyers
with sellers. Both dealers and brokers engage in primary and secondary market transactions, and both
conduct trades in stocks, bonds, and options.