Which of the following is true of a dealer market?
A)The dealer buys and sells assets out of his own inventory.
B)The dealer acts as a broker,lining up the owners of assets with the purchasers of assets.
C)The dealer acts as an auctioneer of securities and takes a percentage of the sale as compensation.
D)None of the above is true of a dealer market.

Question

Quizplus · Accepted Answer

In a dealer market, the dealer buys and sells assets out of his own inventory. The dealer takes on a principal role, buying assets from someone who wants to sell and holding them until another buyer wants to purchase them.

Which of the Following Is True of a Dealer Market