Series 24: Review Quiz

Review Quiz

1. 1. Under NYSE rules, a U.S. domestic issuer must satisfy which of the following listing requirements?
2. A. it must have 400 stockholders and 1.1 million common shares outstanding
3. B. it must have 200 stockholders and 1 million common shares outstanding
4. C. it must have 400 stockholders and 1.1 million preferred shares outstanding
5. D. it must have 200 stockholders and 1 million preferred shares outstanding
6. 2. Which of the following orders becomes a market order when a stock has begun to trade at or through a price specified by a client?
7. A. stop-limit order
8. B. stop order
9. C. limit order
10. D. market order
11. 3. A client wishing to get immediate execution on an order should place it as:
12. A. an all-or-none order
13. B. a stop order
14. C. a limit order
15. D. a market order
16. 4. A New York Stock Exchange member who sells a specific stock out of his own account and maintains an orderly market for the shares of that stock is considered a:
17. A. transfer agent
18. B. desig