Which of the following statements regarding commissions charged by full-service brokers is not true?
A)Commissions vary by product.
B)The more complicated the transaction,the higher the commission.
C)The commission on many bonds is already built into the trade.
D)There is no commission on U.S.Treasury securities.

Question

Quizplus · Accepted Answer

This statement is not true as there is a commission on U.S. Treasury securities. While the commission may be lower than other products, full-service brokers still charge a fee for buying or selling U.S. Treasury securities on behalf of their clients.

Which of the Following Statements Regarding Commissions Charged by Full-Service