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D Whether the order was solicited or unsolicited

The customer confirmation must disclose the date and time of the transaction (or the fact that the time of the transaction will be furnished upon written request to such customer), the identity, price, and number of shares or units of such security purchased or sold by such customer; and whether the broker or dealer is acting as agent for the customer, as agent for some other person, as agent for both the customer and some other person, or as principal for its own account. If the broker or dealer is acting as principal, it must disclose whether it is a market maker in the security. The fee must be disclosed if acting as agent, riskless principal, or principal for an NMS security. Whether the order was solicited or unsolicited would be on an order ticket, rather than a confirmation.

The correct order for the transfer of an account from one firm to another is:

The carrying firm validates the transfer instructions
The customer is informed of any nontransferable securities
The carrying firm sends the customer's securities to the receiving firm
The customer provides a written transfer request to the receiving firm

A IV, I, II, III
B IV, I, III, II
C I, IV, II, III
D I, IV, III, II

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What is a transaction broker quizlet?

broker A transaction broker is a broker who provides limited representation to a buyer, a seller, or both, in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent.

What is a material fact that must be disclosed quizlet?

The question is - when is a fact a material fact that must be disclosed? The seller's broker must disclose to the buyer any adverse material facts known by the broker. This requirement does not include facts that should have been known by the broker, as is the law in some other states.

What is the main purpose of the Missouri broker disclosure form?

This disclosure is to enable you, a prospective buyer, seller, tenant or landlord of real estate, to make an informed choice BEFORE working with a real estate licensee. Missouri law allows licensees to work for the interest of one or both of the parties to the transaction.

Which of the following is a true statement regarding agency disclosure in Texas quizlet?

Which of the following is a TRUE statement regarding agency disclosure in Texas? The answer is a license holder must disclose who they represent in a transaction orally or in writing.