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Business, 15.02.2020 04:48 Chicagofire28

A customer gives her registered representative instructions to buy 100 shares of XYZ stock during the trading day, if it looks attractive. As of the end of the day, the trade is not executed and the customer wants to extend the instructions through the end of the week. Which statement is TRUE?

A. The registered representative can accept the verbal instructions because only price and time decisions are left to the representative
B. The registered representative can accept the verbal instructions only if the principal approves
C. The registered representative can do this only if the customer gives written instructions
D. The registered representative may not accept the customer's instructions under any circumstances

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