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

Multiple Choice Questions

1. Where does Livingston go when he leaves Boston?
(a) Florida.
(b) Washington D.C.
(c) Pittsburgh.
(d) New York.

2. Why does Livingston return to Boston?
(a) His mother is ill.
(b) He's broke and frustrated.
(c) He hates the traffic in New York.
(d) He wants to open a bucket shop.

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

4. What is affected the most by timing on Wall Street?
(a) Bonds.
(b) Index funds.
(c) Small trades.
(d) Large trades.

5. What does Livingston complain about Wall Street?
(a) How much money he lost.
(b) How everyone is unfriendly.
(c) How the market goes up and down too much.
(d) How slow trades are.

Short Answer Questions

1. How much money does Livingston have when he goes to Wall Street?

2. Under what authority are bucket shops allowed?

3. When should one stay clear of a stock?

4. What happens when one places an order on Wall Street time wise?

5. What does Livingston do when the alternate exchanges start to try and manipulate him?

(see the answer key)

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