FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 27 Topic 3 Discussion

FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 27 Topic 3 Discussion

Series-7 Exam Topic 3 Question 27 Discussion:
Question #: 27
Topic #: 3

A registered representative just accepted Bubba’s instructions to buy a specific stock in the over-the-counter market with the credit balance in his account.

Which of these orders for that issue can be entered and executed on a single ticket in a typical broker/dealer organization?


A.

buy 150 XYZ at market


B.

buy 150 XYZ at 17.50 or better


C.

buy $2,500 worth of a mutual fund XYZ Corporation


D.

all of these


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