Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Common Stock.
Multiple Choice Questions
1. Value came from a fixed-income feature to set minimum value with __________ as a bonus.
(a) Conversion.
(b) A good economy.
(c) A unique product.
(d) A strong management team.
2. A company might consider repurchasing _______ when it has available funds that are above long-term needs.
(a) Bonds.
(b) Fallen angels.
(c) Shares.
(d) Bills.
3. Who was the financial mentor that Buffett relied upon for his teachings and lessons about the way to do business?
(a) Ben Graham.
(b) Charlie Munger.
(c) No one.
(d) Himself.
4. What did a bondholder have to do with their bond if they decided to cash it in early?
(a) Transfer it back to the owner.
(b) Pay interest.
(c) Nothing.
(d) Earn more.
5. What was the title of Buffett's partner in the company they shared?
(a) Vice-Chairman.
(b) Chairman.
(c) Vice President.
(d) CEO.
Short Answer Questions
1. Buffett is proud that ____% of the shares outstanding at the end of each year were held by the same shareholders.
2. Buffett and Munger recapitalize into Class A and _____ non-voting shares to offer a lower trading price.
3. Buffett and Munger bought _________ companies the same way they might buy private companies.
4. How many owner-related business principles were listed in this section of the book by Buffett?
5. On the other hand, a zero bond may not require _________, but can be satisfied with pay in kind bonds.
This section contains 215 words (approx. 1 page at 300 words per page) |