-Brokerage firms are not allowed to make specific buy or sell recommendations to their clients.

true or false

-Analytical information presents factual data on past performance while descriptive information presents current estimates of future projections.

true or false

-It is generally a good idea to use limit orders when purchasing IPOs online.

true or false

-Small investors normally have a negotiated commission schedule while large investors benefit from a fixed-commission schedule.

True or false

A margin account:

	A.	can be opened by any investor who wants to purchase securities by charging them to his/her credit card.
	B.	allows an investor to borrow one hundred percent of the cost of the securities purchased.
	C.	allows an investor to borrow a portion of the purchase price at a reasonable rate of interest.
	D.	is permitted only in wrap accounts.