Giao dịch, Tài khoản & Hành vi cấmCâu 240 / 398
When opening a cash account for a corporation, what document does the firm typically require to establish who is authorized to trade?
a.A copy of the CEO's personal tax return
b.The corporation's annual report to shareholders
c.A margin agreement signed by all shareholders
d.A corporate resolution naming the authorized individuals
Giải thích
A corporate resolution (or its equivalent) identifies the officers authorized to act on the account. For a corporate margin account, the firm also needs to verify the corporate charter or bylaws permit margin trading.
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