WorksheetsFMT103_Quiz5
Total questions: 15
Worksheet time: 3hrs 16mins
Investment Stock shall be organized by:
Partnership
Sole Proprietorship
Stock Corporation
Non-Stock Corportation
Investment houses shall be accompanied by, except:
At least 2 copies of the proposed articles of incorporation
A projected statement of assets and liabilities of the proposed Investment House
A tentative program of operation for one year, including its investment direction and volume
A statement under oath of the educational background and experience of the organizers, directors, and the proposed managerial staff
________ is the act or process of guaranteeing the distribution and sale of securities of any kind issued by another corporation.
Securities
Underwriting
Savior
Financing
In addition to the powers granted to corporations in general, an Investment House is authorized to do the following:
Arrange to distribute on a guaranteed basis, securities of other corporations and of the Government or its instrumentalities
Participate in a syndicate undertaking to purchase and sell, distribute or arrange to distribute on a guaranteed basis, securities of other corporations and of the Government or its instrumentalities
Arrange to distribute or participate in a syndicate undertaking to purchase and sell on a best-efforts basis, securities of other corporations and of the Government or its instrumentalities
All of these
Stated in Investment Houses Law about Citizenship requirements under Presidential Decree No. 129 At least _______ of the voting stock of any Investment House shall be owned by citizens of the Philippines
30%
35%
40%
50%
In the case of newly-organized Investment Houses, the minimum paid-in capital shall be ________.
P300,000
P300,000,000
P200,000,000
P50,000,000
One of the Functions of an Investment House is:
Eliminates the uncertainty of an unexpected and sudden financial loss.
Credit Checking and Authorization
Promote, sponsor, or otherwise assist and implement ventures, projects and programs that contribute to the economy's development
none of these
For Investment House's Penalties for Violation - the SEC shall impose upon the Investment House and collect a fine not exceeding ________.
P100 per day
P100 per week
P200 per day
P200 per week
_______ are people or firms who buy and sell securities for their own account, whether through a broker or otherwise.
Securities Dealers
Securities Brokers
Securities Agents
Securities Assignor
Example(s) of Securities is/are the following:
Participation or interests in a corporation
Participation in a commercial enterprise
Interests in a profit-making venture
All of these
In Republic Act No. 8799 The Securities Regulation Code, the originator, maker, obligor, or creator of the security is called the _______
Issuer
Releaser
Authorizer
Broker
Per Republic Act No. 8799 The Securities Regulation Code _______ is an organized marketplace or facility that brings together buyers and sellers and executes the trade of securities and/or commodities.
Insider
Mall
Exchange
Bank
Which statement is True regarding Transactions and Responsibilities of Brokers and Dealers:
Brokers or dealers may deal in or otherwise buy or sell, for its own account or for its own account or for the account of customers
As absolute rule, no broker or dealer shall effect any transaction in securities or induce or attempt to induce the purchase or sale of any security
Broker or Dealer may effect any transaction in securities or induce or attempt to induce the purchase or sale of any security
No brokers or dealer shall deal in or otherwise buy or sell, for its own account or for its own account or for the account of customers,
Which statement is true about a Dealer?
A dealer's primary service is to buy and sell stocks on an exchange for members of the investing public who wish to own part of a company.
The dealer accepts stock orders from the client and then executes these directly on the exchange.
A dealer charges clients a commission for executing trades on their behalf.
A dealer will charge a mark-up when selling from his or her own inventory because the dealer is a principal in the account
_________ are the market makers who provide the bid and ask quotes you see when you look up the price of a security in the over-the-counter market.
brokers
investors
dealers
debtors
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