Those corporations whose stock is traded on the national securities exchanges are known as publicly held corporations

Of the following, which is the most important reason for a broker to maintain a trust fund account in addition to a regular business account?

a. To provide a means of control over the destiny of transactions being negotiated b. It is easier from an accounting point of view c. The bank is responsible for any loss to the trust fund account resulting from embezzlement d. The consequences which could occur should legal action be taken against the broker

Ross makes an offer to Elizabeth to sell his automobile to her for $10,000. In this case, Ross is the offeree and Elizabeth is the offeror

Indicate whether the statement is true or false