To cut costs, a broker-dealer hires some college interns. the firm allows the interns to make calls to potential clients to market investment opportunities in stocks, bonds, and mutual funds. this action would be:

The correct answer is Since the interns are attempting to effect transactions, they must be registered. There is no requirement that an agent of a broker-dealer have a college degree. If they are properly registered, any employees of a broker-dealer may solicit securities transactions

Explanation:

Brokers or brokers must perform a proficiency test and demonstrate asset solvency to register in the commissions or securities superintendence of each country, and thus be able to carry out their activity. They can also delegate their functions to agents, but the responsibility is always the responsibility of the agent. In general, they have a bachelor's degree in one of the fields of economic sciences: accounting, administration, economics, actuarial sciences or finance. In the case of brokers in the form of a legal entity, they must be under the supervision of a control body.

answer; buyer guide;

answer///supply is elastic, and demand is inelastic;