Sarah Extensively Buys and Sells Securities

question 26

Multiple Choice

Sarah extensively buys and sells securities . The IRS has determined upon examination that she is in a trade or business concerning the securities' transactions and therefore, Sarah is

• A)a day trader.
• B)an active trader.
• C)an active investor.
• D)a securities' dealer.

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Definitions:

Unconscious Desires

Wishes or wants that reside within the unconscious mind, often influencing behavior without the individual's aware recognition.

Behavioral Contracting

A therapy technique involving a written agreement between a therapist and client to modify the client's behavior.

Classical Conditioning

A learning process in which a natural response to a certain stimulus becomes triggered by a previously neutral stimulus after repeated pairings.

Token Economy

A behavior modification system that uses tokens as a form of reinforcement for desirable behaviors, which can later be exchanged for rewards.