An individual who is not employed by the client, but has been delegated agency duties by an agent of the client, is referred to as a(n):
a. subcontractor.
b. subagent.
b. subaccount.
d. tandem agent.
Answer: b. subagent.
Business
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Indicate whether the statement is true or false
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Which one of the following market tools is used to limit downside risk in the price of a stock?
A) Stop order B) Market order C) Limit order D) Deferred sales order
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