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1. All of the following orders require written power of attorney except Buy 2,000 shares of a utility company Buy 5,000 shares of ABC whenever

1.

  1. All of the following orders require written power of attorney except

    Buy 2,000 shares of a utility company

    Buy 5,000 shares of ABC whenever you think the price is right

    You determine whether to buy or sell 1,000 HIJ

    Buy as many shares of XYZ as you think I can handle

  2. What is the main purpose of a firm quote with a recall option?

    To manipulate the price of a bond up

    One dealer gives another dealer an opportunity to sell bonds from its inventory

    To give an offering dealer a chance to take bonds back that is previously offered

    One dealer buys a block of highly marketable municipal bonds

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