View a FREE sample

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

Multiple Choice Questions

1. What does Roberts suggest to Livingston?
(a) Opening a bucket shop himself.
(b) Betting on corn and wheat.
(c) Smaller, alternate exchanges.
(d) Going back to school.

2. What does Livingston do at several small alternate exchanges?
(a) Get kicked out.
(b) Lose a lot of money.
(c) Let Roberts handle everything.
(d) Establish accounts.

3. What happens when one places an order on Wall Street time wise?
(a) It's never implemented for 24 hours.
(b) The SCCI has to check it first.
(c) It is done instantly.
(d) There is a short lag.

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

5. What does Union Pacific announce that dismays Livingston?
(a) Bankruptcy filings.
(b) A company reorganization.
(c) A dividend.
(d) Plans for new railroads.

Short Answer Questions

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

2. What happens when the market falls steeply in 1906?

3. Where does Livingston go with his $500?

4. Why doesn't Livingston learn the new techniques for betting on Wall Street?

5. What do the banks ask Livingston to not do during the panic of 1907?

(see the answer key)

This section contains 266 words (approx. 1 page at 300 words per page) View a FREE sample