SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 51
Question: 51
Which of the following is NOT a corporate action?
Correct Answer: D
Explanation:
D: Choice D is correct because corporate actions typically only occur when approved by the shareholders, when required shareholders' responses are submitted, or when approved by the board of directors. Change in market price does not require any of those actions. Choices A, B, and C are incorrect because they are corporate actions.
More Tests
- SIE Exam Practice Test 1
- SIE Exam Practice Test 2
- SIE Exam Practice Test 3
- SIE Exam Practice Test 4
- SIE Exam Practice Test 5
- SIE Exam Practice Test 6
- SIE Exam Practice Test 7
- SIE Exam Practice Test 8
- SIE Exam Practice Test 9
- SIE Exam Practice Test 10
- SIE Exam Practice Test 11
- SIE Exam Practice Test 12
- SIE Exam Practice Test 13
- SIE Exam Practice Test 14
- SIE Exam Practice Test 15
- SIE Exam Practice Test 16
- SIE Exam Practice Test 17
- SIE Exam Practice Test 18
- SIE Exam Practice Test 19
- SIE Exam Practice Test 20
- SIE Exam Practice Test 21
- SIE Exam Practice Test 22
- SIE Exam Practice Test 23
- SIE Exam Practice Test 24
- SIE Exam Practice Test 25