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NEW QUESTION: 1
A hypothecation agreement refers to
A. an agreement signed by a client who is executing a margin transaction that allows the broker to hold
the margined securities in street name as collateral for the loan.
B. a document signed by a client indicating that he or she understands that some of the charts and
examples presented in a broker-dealer's advertising literature are based on hypothetical trades.
C. an agreement that a client must sign prior to executing any short sales with the broker-dealer.
D. an agreement wherein a client gives his broker-dealer discretion to purchase securities that the
broker-dealer deems appropriate in whatever quantity the broker-dealer feels appropriate and at a time
and price the broker-dealer believes is a good deal.
Answer: A
Explanation:
A hypothecation agreement refers to an agreement signed by a client who is executing a
margin transaction that allows the broker to hold the margined securities in street name as collateral for
the loan.
NEW QUESTION: 2
A. Option D
B. Option A
C. Option B
D. Option C
Answer: B,C
NEW QUESTION: 3
A highly skilled project engineer will be on indefinite medical leave. No one on the project team has the required skill set to replace the engineer.
Which of the following will be impacted MOST by the absence of the engineer?
A. Environment
B. Deliverables
C. Resources
D. Requirements
Answer: C
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