Which one of the following statements concerning dealers and brokers is correct?
A) A dealer in market securities arranges sales between buyers and sellers for a fee.
B) A dealer in market securities pays the asked price when purchasing securities.
C) A broker in market securities earns income in the form of a bid-ask spread.
D) A broker does not take ownership of the securities being traded.
E) A broker deals solely in the primary market.
Correct Answer:
Verified
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