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An Urban Legend Is a Story with an Ironic Twist

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An urban legend is a story with an ironic twist that sounds realistic, but is false. According to folklorist Jan Brunvand, urban legends teach us three moral lessons about life. Which of the following is not one of the three moral lessons identified by Brunvand?


Definitions:

Selling Shares

Selling shares refers to the act of disposing of ownership in a company by selling stock in the financial market, often to realize capital gains or liquidate an investment.

Dutch Auction

A bidding strategy where the auctioneer starts with a high asking price which is lowered until some participant is willing to accept the auctioneer's price.

Selling Shares

The act of disposing of ownership in a company by selling stock in exchange for cash or other compensation.

Subscription Price

The cost that investors pay to acquire securities during an offering before they are available on the open market.

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