Tobias Has Been Working Extremely Hard and Has Gotten Only

question 16

Multiple Choice

Tobias has been working extremely hard and has gotten only about an hour or two of sleep for the past two nights. At this point, he is MOST likely driven primarily by _____ needs.

• A) safety
• B) self-transcendence
• C) esteem
• D) physiological

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Definitions:

Maintenance Margin

The minimum equity an investor must maintain in a margin account after the purchase has been made, to keep the position open.

Initial Margin

The minimum amount of funds required to open a position in the securities market, used as a deposit to cover some of the credit risk of the counterparty.

Stop-Buy Order

A type of stock market order that buys a security once its price ascends to a specific point, usually to limit losses or enter the market at a favorable momentum.

Firm Commitment

An underwriting agreement in which an underwriter buys all the securities from the issuer and resells them to investors.