A Round Lot Refers to the Purchase of 100 Shares

question 1

True/False

A round lot refers to the purchase of 100 shares of stock in the same company in a single transaction.

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Definitions:

Strike-Slip Fault

A type of fault where the movement of the Earth's crust is predominantly horizontal, parallel to the fault's strike direction.

Fold and Thrust Belt

Regions of the Earth's crust that have been subjected to compression, leading to the formation of folded and thrusted layers of rock.

Passive Margin

The transition between oceanic and continental crust which is not an active plate boundary, often characterized by sediment accumulation.

Passive Margin

The shift from oceanic to continental lithosphere which isn't located at an active plate margin.