View a FREE sample

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

Multiple Choice Questions

1. What does Livingston notice about the price of Tropical Trading stock?
(a) The price has been run up.
(b) The price hasn't changed in four years.
(c) The price is way down.
(d) The price fluctuates wildly.

2. How useful is bucket shop technique on Wall Street?
(a) Not very useful.
(b) One has nothing to do with the other.
(c) Very useful.
(d) It is the same technique.

3. 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.

4. Who does Livingston say is complicit in insiders' manipulations?
(a) Most brokerage firms.
(b) The press.
(c) Companies on the exchange.
(d) Stock manipulators.

5. Why doesn't Livingston make any money no matter how hard he tries?
(a) He has lost his enthusiasm.
(b) Market conditions aren't right.
(c) He had to start with too little.
(d) He has lost the pattern.

Short Answer Questions

1. How much regulation is there in the stock market during Livingston's era?

2. What actually happens when Livingston is working under an account at Williamson's?

3. What kind of regulation is enacted during war time?

4. For what was the famous stock manipulator most known?

5. Of whom does Livingston make fun?

(see the answer key)

This section contains 287 words (approx. 1 page at 300 words per page) View a FREE sample