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NEW QUESTION: 1
Bubba has a cash account and fails to make full and prompt payment for a purchase. The broker liquidated the transaction. Two weeks later, Bubba places another buy order for 100 shares of XYZ.
What does the broker do?
A. refuses the order
B. executes the order at its own risk
C. handles the order after obtaining a promise from Bubba to effect prompt settlement
D. requires a 25% down payment before executing the order
Answer: A
Explanation:
Explanation/Reference:
Explanation: refuses the order. Reg T requires that under these circumstances the account must be frozen for 90 days. Any trade prior to that, requires cash in advance.
NEW QUESTION: 2
A hacker has discovered a simple way to disrupt business for the day in a small company which relies on staff working remotely. In a matter of minutes the hacker was able to deny remotely working staff access to company systems with a script. Which of the following security controls is the hacker exploiting?
A. Account lockout
B. Password recovery
C. Password complexity
D. DoS
Answer: A
NEW QUESTION: 3
Two of the below statements are exactly the same? Choose the two.
A. setconfig.http.ports "8080 , 8081"
B. setconfig.http.ports // 8080 , 8081 \\
C. setconfig.http.ports \\ 80808081\\
D. setconfig.http.ports "8080" "8081"
Answer: C,D