Which of the Following Are True Concerning Short Sales of Exchange

question 45

Multiple Choice

Which of the following are true concerning short sales of exchange listed shares?
I. A short sale is permitted only if the last recorded change in the share's price was positive II. Proceeds from the short sale must be kept on deposit with the broker
III. Short-sellers must post margin with their broker to cover potential losses on the position
IV. The short-seller earns interest on any cash deposited with the broker that is used to meet the margin requirement

• A)I and II only
• B)I, III and IV only
• C)II and III only
• D)I, II, III and IV

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Definitions:

Spermatogenic Cells

The cells that give rise to sperm cells.

Bulbourethral Glands

Glands that lie beneath the prostate and empty their fluid into the urethra. Their fluid aids in sperm movement.

Glans Penis

A cone-shaped structure at the end of the penis.

Bulbourethral Gland

A gland in males that secretes a fluid into the urethra to lubricate the urethra and neutralize acids during sexual arousal.