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8. Which one of the following statements is correct? Most brokerage agreements require disputes be settled...

8. Which one of the following statements is correct?

  1. Most brokerage agreements require disputes be settled in a court of law.

  2. Arbitration is a formal legal process for settling disputes related to brokerage accounts.

  3. Churning is the preferred method of providing deep-discount brokerage services.

  4. Discount brokers only provide order execution services.

  5. Full service brokers frequently provide financial planning services to clients.

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Answer #1

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Correct answer is option : Full service brokers frequently provide financial planning services to clients.

Full service broker generally provide financial planning service to their client.

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