Use the Graph to Answer the Question

question 95

Multiple Choice

Use the graph to answer the question.
- Mike decides to buy shares of companies X and Y, which were initially selling for the same price. The changes in each stock's value over 90 days are shown in the graph above. When did the two
Stocks have the same value, other than when he bought them?

• A)day 80
• B)day 50
• C)day 85
• D)day 90

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Definitions:

Consumer Good

A commodity or a product that is produced and purchased to satisfy the personal needs or wants of the consumer.

General Creditor

An individual or entity that is owed a debt that is not secured by collateral, leaving them with no special rights to any specific property of the debtor in case of default.

Preferred Claim

A type of claim that is given priority, especially in bankruptcy proceedings, ensuring that it is paid out before other types of claims.

Article 9

A provision of the Uniform Commercial Code that governs secured transactions involving personal property, establishing a legal framework for creating and enforcing security interests.