A Long-Term Technique Used by Investors Who Purchase an Equal

question 127

Multiple Choice

A long-term technique used by investors who purchase an equal dollar amount of the same stock at equal intervals in time is called:

• A)dollar cost averaging.
• B)dividend reinvestment plan.
• C)buy and hold technique.
• D)regulated transaction.
• E)secured transaction.

---

Definitions:

Void

A term describing a contract or legal obligation that is null, having no legal force or effect from the beginning.

Wager

An agreement where a person stakes something of value on an uncertain event with the intent of winning something of greater value.

Statute Of Frauds

A legal principle that requires certain contracts to be in writing and signed by the parties involved, in order to be legally enforceable.

Unenforceable

A term describing a contract or clause that cannot be legally upheld or compelled by a court.