The Dow Theory Considers Price Movements in the Dow Jones

question 10

True/False

The Dow Theory considers price movements in the Dow Jones industrial and transportation averages.

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Definitions:

Implied Powers

Powers not explicitly stated in a constitution or legal document but deemed necessary to execute the powers that are expressly stated.

De Facto Corporation

Latin for “corporation in fact” a corporation that has not substantially met the requirements of the state incorporation statutes.

Incorporation Statute

Laws enacted by a state that outline the requirements for forming and operating a corporation within that state.

Dividends

Corporate profit shares distributed among stockholders, often on a periodic basis.