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

Multiple Choice Questions

1. What do the insiders of Tropical Trading do when Livingston goes short?
(a) Run the stock back up.
(b) Make the price drop way down.
(c) Ask him to hold on to the stock.
(d) Put bad articles about him in the newspaper.

2. Who convinces Livingston that Union Pacific is manipulating him?
(a) His mentor.
(b) The branch manager.
(c) His best friend.
(d) His wife.

3. What does Livingston do after he sold all the stock in Union Pacific and after the earthquake?
(a) Went into commodoties.
(b) Went into index funds.
(c) Started buying Union Pacific again.
(d) Bought a lot of mutual funds.

4. How much money did Livingston make on the Union Pacific sell off?
(a) $150,000.
(b) $75,000.
(c) $100,000.
(d) $250,000.

5. What does Livingston do after receiving advice from his manager?
(a) Buys stock in oil.
(b) Sells the rest of his Union Pacific stock.
(c) Buys wheat.
(d) Sells all of his corn.

Short Answer Questions

1. Why does Livingston meet with Percy Thomas?

2. What happens to Livingston when he takes Percy's advice?

3. What does Livingston notice about the price of Tropical Trading stock?

4. What does Percy believe about the cotton market?

5. What does Livingston decide from the Union Pacific situation?

(see the answer key)

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