What is the purpose of a circuit breaker for the market?
A) It prevents the market from declining in value.
B) It prevents investors from losing money in the market.
C) It temporarily stops computerized trading to allow investors to analyze the extraordinary market swings.
D) All of the above are correct.
E) Only A and B are correct.
Answer: C
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After a listing has been signed, the seller suggests that the listing saleperson not tell any prospects about the repair that had been made to the basement foundation. In this case, which is the best thing to tell a prospective buyer?
A. Nothing, the broker should follow the seller's instructions and not discusss the repairs. B. The foundation has been successfully repaired and is no longer a problem. C. The basement foundation had some repair work done, but the buyer is entitled to have an inspection of the basement. D. Nothing, the broker represents the seller and cannot and disucss with the buyer and problems in the property.