FINRA General Securities Representative Examination (GS) - Series7 FREE EXAM DUMPS QUESTIONS & ANSWERS

A. acts as an agent for the issuer B. is not required to use an offering circular or prospectus C. agrees to buy the issue at a specified price D. may allow a selling concession to a bank or trust company

A. $100 profit B. $200 loss C. $100 loss D. $200 profit

A. only if the bonds are rated AAA or Aaa B. under no circumstances C. only if the bonds are insured D. only if the agreement is in writing

A. treasury bills B. both B and C C. treasury notes D. treasury bonds

A. the personal assets of the limited partners B. the general partner's personal assets C. the general partner's profits D. the partnership's income

A. increase the rediscount rate B. raise interest rates C. counter inflation D. ease credit

A. conform to the prudent man requirements in that state B. be registered with the NYSE and FINRA as a representative C. a registered representative with the SEC under the Investment Advisors Act of 1940 D. furnish written documents of authority to the brokerage firm executing the orders

A. only purchase securities rated "A" or better B. apply for an exemption C. purchase any IPO security provided the plan is not sponsored solely by a broker/dealer D. purchase only securities issued by the state or federal government

A. cannot be determined from this information B. 5.62 C. 5.75 D. 5.38