Who Would Be Most Likely to Buy a Long Stock

question 91

Multiple Choice

Who would be most likely to buy a long stock index future?

• A) A mutual fund manager who believes the market will rise
• B) A mutual fund manager who believes the market will fall
• C) A mutual fund manager who believes the market will be stable
• D) None of the above would be likely to purchase a futures contract

Identify the statutory obligations of car dealerships and the rights of consumers under warranty issues.

Recognize the legal principles surrounding statutory warranties and implied terms in the Sale of Goods Act.

Distinguish between common law and statutory remedies available to consumers for defective goods.

Analyze the legal responsibilities of manufacturers under the Food and Drugs Act for improperly labeled products.