A Short Sale Is

question 56

Multiple Choice

A short sale is

• A)the sale of borrowed stock.
• B)the sale of less than a round lot (100 shares)of stock.
• C)the sale of stock for a specified price or better.
• D)the sale and immediate repurchase of a stock in order to profit from temporary pricing abnormalities.

---

Definitions:

Division of Labor

The allocation of different tasks and responsibilities to individuals or groups in a society, organization, or among nations to improve efficiency.

Ideal Type

Model rarely seen in reality but that defines the principal characteristics of a social form.

Hierarchy of Authority

An organizational structure where entities are ranked according to levels of power and authority, from highest to lowest.

Triad

A group consisting of three people.