An Odd-Lot Trade Involves a Trade

question 28

Multiple Choice

An odd-lot trade involves a trade

• A) of only 100 shares.
• B) that is generally priced at a discount to the market price.
• C) of 100,000 shares or more.
• D) consisting of any number of shares that is not a multiple of 100.

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Definitions:

9/11

The series of coordinated terrorist attacks carried out by al-Qaeda on September 11, 2001, targeting the World Trade Center in New York City and the Pentagon.

Gross Savings

The total amount of savings generated by an economy before accounting for depreciation costs.

Personal Savings

The portion of disposable income not spent on consumption but kept aside for future use or emergencies.

Business Savings

Business Savings refers to the portion of a business's profits that are set aside for future investment, as opposed to being distributed to shareholders or used for current expenses.