Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Anna withdrew funds from her bank and purchased 500 shares of ABC stock at the recommendation of her broker. Which one of these parties meets the definition of a delegated monitor

Sagot :

Answer:

The answer is "Anna's broker"

Explanation:

The delegated monitoring would be a financial intermediary as it borrows from small investors and uses uncontrolled liabilities (deposits) (whose loans it monitors).

In opposition to individuals that monitor the buyer independently, it relates to delegating the job of watching with such a bank and therefore satisfies the description of delegated monitor from Anna broker parties.

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.