16
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 16 • FL-2102371-Personal Finance and Money Management

What is a commission, as it relates to the stock market?

Answer
A
The act of making stock available to buy
B
A request to buy a specific kind of stock
C
Profit made from selling stock
D
A fee paid to a broker for making a trade

Explanation

A commission is a fee charged by a broker for carrying out a stock trade. It is not the profit from selling stock or a request to buy shares. Therefore, the correct choice is “A fee paid to a broker for making a trade.”

AI-written and checked against the verified answer.

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