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

Multiple Choice Questions

1. When does Livingston hate losing money the most?
(a) When he does everything right.
(b) When he follows someone's tip.
(c) When another trader manipulates him into the loss.
(d) When he needs money for a stake.

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

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

4. Of whom does Livingston make fun?
(a) Commodity traders.
(b) Brokage firms.
(c) Traders and the public looking for tips.
(d) The press.

5. What does Livingston believe about the cotton market when he and Percy are discussing it?
(a) It's a bull market.
(b) It's a bear market.
(c) It's too volatile.
(d) It's a dull market.

Short Answer Questions

1. Where does Livingston go after the dealings with Percy?

2. What does Livingston hear about a well known cotton trader?

3. For what does young Livingston have an excellent memory?

4. What has he regretted ignoring in the past?

5. What happens to Livingston after his dealings with Percy Thomas?

(see the answer key)

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