When you purchase a stock on margin, the money is borrowed from:
A) your broker.
B) a bank.
C) the Toronto Stock Exchange.
D) the Bank of Canada.
E) another investor.

Question

Quizplus · Accepted Answer

When you purchase a stock on margin, the money is borrowed from your broker. Your broker will require you to put down a certain amount of money (margin) and will then lend you the remaining amount to purchase the stock.

When You Purchase a Stock on Margin, the Money Is