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A registered representative purchased two tickets to a concert for which he paid $175 per ticket. If the face value of the tickets is $95 per ticket, the RR may:

User Peku
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1 Answer

6 votes

Answer:

The RR may decide not to give any tickets to a customer

Step-by-step explanation:

Based on the information given about the registered representative the registered representative may decide NOT L to give any tickets to a customer reason been that the face value which is $95 per ticket for two person when calculated will give us the amount of $190($95 ×2) which is higher than the actual value or amount he paid for the two ticket calculated as ($175×2) which gave us $350 given us a difference of $160($350-$190).

Therefore Based on this registered representative may NOT give any tickets to a customer.

User KenB
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