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8 January, 19:49

A new customer calls a representative and says the following: "I own 1,000 shares of DEF stock, which is currently held at another broker-dealer. I want to sell the shares at the market." The representative accepts the order from the customer. The order ticket should be marked: A long sale B long sale - exempt C short sale D short sale - exempt

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  1. 8 January, 20:56
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    Answer: c. Short sale

    Explanation:

    Short sale is a sale which the proceedings from selling a product will reduce of the debts incurred against it.
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Home » Business » A new customer calls a representative and says the following: "I own 1,000 shares of DEF stock, which is currently held at another broker-dealer. I want to sell the shares at the market." The representative accepts the order from the customer.
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