Question

A new customer calls a representative and says the following: "I own 1,000 shares of DEF stock, which is currently held at another broker-dealer. I want to sell the shares at the market." The representative accepts the order from the customer. The order ticket should be marked: A long sale B long sale - exempt C short sale D short sale - exempt

Answer 1

Answer: c. Short sale

Step-by-step explanation:

Short sale is a sale which the proceedings from selling a product will reduce of the debts incurred against it.