emmawitt8978 emmawitt8978

21-12-2022
Business

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a customer buys 1,000 shares of xyzz stock in a margin account and pays the required 50% margin on settlement date. the customer requests that the broker-dealer transfer the securities into the customer's name and ship them to his home address. which statement is true?

Answer :

Neetuverma Neetuverma

25-12-2022

Sell 10 XYZZ 45 call contracts is true statement which the customer should use.

What is a contract?

A contract is an arrangement that specifies, defines, and regulates the rights and obligations of two or more parties. A contract typically calls for the transfer of goods, services, or money, or the commitment to do so in the future. The damaged party may ask the court for legal remedies like damages or revocation in the event of a contract violation. Similar to other areas of private law, contract law differs from nation to nation. The three primary categories into which the various systems of contract law can be grouped are common law, civil law, and mixed law jurisdictions—which combine elements of both common and civil law.

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