A Process of Buying a Commodity and Reselling It at a Favorable

question 25

Multiple Choice

A process of buying a commodity and reselling it at a favorable price is called

• A) arbitrage
• B) wholesaling
• C) market-making

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Definitions:

Lani Guinier

A legal scholar known for her work in civil rights law and the first woman of color appointed to a tenured professorship at Harvard Law School.

Justice Department

A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

Innovative Deejay

A disc jockey who introduces new and creative techniques or styles in music selection, mixing, and presentation.

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A movement characterized by four main elements: rapping (MCing), DJing, graffiti painting, and b-boying, that originated in the 1970s in the United States, specifically within African American and Latino communities in New York City.