The Controlled Drugs and Substances Act (CDSA) Replaced the Narcotic

question 50

True/False

The Controlled Drugs and Substances Act (CDSA) replaced the Narcotic Control Act and Parts III and IV of the Food and Drugs Act.

---

Definitions:

Initial Investment

The amount of money used to start a business venture, acquire an asset, or invest in a financial product.

Short 100 Shares

The selling of 100 shares that are not currently owned, with the expectation of buying them back at a lower price for a profit.

Initial Margin

The minimum amount of capital required to open a new position in the market, designed as a security for the broker against potential losses.

Actual Margin

The real profit margin achieved after accounting for all costs and expenses, reflecting the actual financial health and profitability.