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

Multiple Choice Questions

1. What happens to Livingston when someone buys up all the corn?
(a) He breaks even.
(b) He makes $50,000.
(c) He isn't involved in corn trade.
(d) He loses money.

2. What does experience give a successful stock trader?
(a) A job.
(b) Friends.
(c) Respect.
(d) Learning.

3. What does Williamson agree to allow Livingston to do?
(a) Manipulate the price of cotton.
(b) He gives him another stake.
(c) Buy 500 shares of one stock.
(d) Open an account with him.

4. What does Livingston say financial news in the papers is?
(a) Up-to-date.
(b) Very helpful.
(c) Retrospective.
(d) Useless.

5. After Livingston gets used to Wall Street, how much does he reach at one point in the early part of his career?
(a) $10,000.
(b) $155000.
(c) $50,000.
(d) A million dollars.

Short Answer Questions

1. What concerns Livingston in 1906?

2. Why doesn't Livingston make any money no matter how hard he tries?

3. Why does Livingston keep losing money on stocks?

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

5. What does Livingston decide to buy next?

(see the answer key)

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