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

Multiple Choice Questions

1. What is happening to wheat prices when Livingston is trading it?
(a) It's declining.
(b) It's going up.
(c) It's moving up and down everyday.
(d) It's staying the same.

2. Why doesn't Livingston make any money no matter how hard he tries?
(a) He has lost his enthusiasm.
(b) Market conditions aren't right.
(c) He has lost the pattern.
(d) He had to start with too little.

3. Why does Livingston want to sell Union Pacific?
(a) He doesn't like the owner.
(b) He has a strong hunch.
(c) They've been going down.
(d) He never travels by train.

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

5. What is the stock Livingston buys to restart his career?
(a) Pullman Railroad.
(b) Bethlehem Steel.
(c) Standard Oil.
(d) Winchester guns.

Short Answer Questions

1. How much money does Livingston make when he first comes back from St. Louis?

2. Why does Livingston declare bankruptcy?

3. How much money did Livingston make on the Union Pacific sell off?

4. What does Livingston figure out he has to do to make a lot of money?

5. Why is corn having a hard time getting to the market?

(see the answer key)

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