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

Multiple Choice Questions

1. What kind of regulation is enacted during war time?
(a) No selling off defense stock.
(b) No buying of government bonds.
(c) No buying of ammunition companies.
(d) No profiteering in war necessities.

2. How are the quotes for stocks disseminated?
(a) Sent to brokers by runners.
(b) Called in by phone.
(c) Show up on a computer screen.
(d) Called out.

3. What happens shortly after he starts selling Union Pacific stock by the thousands?
(a) The San Francisco earthquake.
(b) The San Francisco fire.
(c) The San Francisco tidal wave.
(d) Nothing happens.

4. What is Livingston's job at a bucket shop?
(a) Quotation boy.
(b) Stock broker.
(c) Trader.
(d) Runner.

5. What do the banks ask Livingston to not do during the panic of 1907?
(a) Buy any more stock.
(b) Sell any more stock.
(c) Sell commodities.
(d) Buy mutual funds.

Short Answer Questions

1. In what does Livingston trade besides stocks?

2. What do customers at a bucket shop do?

3. How long does Livingston stay in Boston the second time he goes there?

4. When does a trader err when trading?

5. Who does Livingston say uses tips to no good ends for their customers?

(see the answer key)

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