Eevi has been researching and monitoring a company all day and logs into the E-Trade app on her phone to purchase 100 shares shortly before the market closes for the day. Eevi's purchase was most likely facilitated by a(n) ________ broker.
A) traditional
B) discount
C) on-demand
D) full-service
E) speculation

Question

Quizplus · Accepted Answer

Eevi's use of the E-Trade app, an online platform, to purchase shares indicates she used a discount broker, which typically offers lower fees by providing fewer services than a full-service broker and operates online, allowing for self-directed trading.

Eevi Has Been Researching and Monitoring a Company All Day