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In a dealer market, a broker brings together a buyer and a seller, but does not take on the role of principal in the transaction. Instead, the broker simply facilitates the transaction between the buyer and seller, and does not take on any risk. The dealer market is the most common type of market for … Read more
Shadow Banking System: Definition and Examples. What is the shadow banking system ECON quizlet? The shadow banking system is a network of financial institutions and instruments that provides credit to businesses and consumers. This system exists outside of the traditional banking system and is not subject to the same regulations. The shadow banking system played … Read more
How To Build Brand Loyalty What are the types of loyalty? There are three types of customer loyalty: 1. Transactional loyalty: This is when customers are loyal to a brand because they are happy with the price, quality, and service they receive. 2. Emotional loyalty: This is when customers are loyal to a brand because … Read more
SEC Form 10 is a regulatory filing that must be submitted by companies who wish to go public in the United States. The form must be filed with the Securities and Exchange Commission (SEC) and contains information about the company’s business, financial condition, and management. What was the SEC during the Great Depression? The SEC … Read more
Bank reconciliation is a very important concept in accounting. The concept of bank reconciliation is based on the comparison and verification of the accounting data of the company with the data that the bank has on our income and expenses in treasury. It is done with the maximum objective of being able to balance the … Read more
