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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter XX.

Multiple Choice Questions

1. What does Livingston say is a good method to make a stock look good?
(a) Buy a lot of that stock.
(b) Use inside trading.
(c) Sell most of the stock.
(d) Buy and sell rapidly.

2. What does Percy believe about the cotton market?
(a) It's an exciting market.
(b) It's a bull market.
(c) It's very stable.
(d) It's a bear market.

3. How much regulation is there in the stock market during Livingston's era?
(a) Very little regulation.
(b) The SDIC is watching everyone constantly.
(c) There is a moderate amount.
(d) It has many rules.

4. When is a good time to sell a stock?
(a) When the price is rising.
(b) When it reaches its top price.
(c) When others are selling.
(d) When it is dropping.

5. How does Livingston play on the market when he returns from St. Louis?
(a) Confidently.
(b) Frantically.
(c) Cautiously.
(d) Carelessly.

Short Answer Questions

1. What don't the new bucket shops in Boston allow?

2. In what does Livingston trade besides stocks?

3. How do some smaller exchanges double their money?

4. When was the famous stock manipulator active?

5. What does Livingston say is illegal now?

(see the answer key)

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