A(n) ________ is a commercial organization with a permanent connection to the Internet that sells temporary connections to retail subscribers

At the conclusion of a closing, the trust account ledger card for that transaction should have a balance of zero.

a. true b. false

The price of a stock on February 1 is $48 . A trader sells 200 put options on the stock with a strike price of $40 when the option price is $2 . The options are exercised when the stock price is $39 . The trader's net profit or loss is

A. Loss of $800 B. Loss of $200 C. Gain of $200 D. Loss of $900