A Stock That Typically Sells for Less Than $5 Per

question 75

Multiple Choice

A stock that typically sells for less than $5 per share (or in some cases, less than $1 per share) is called a(n) _______ stock.

• A) blue chip
• B) income
• C) micro cap
• D) midcap
• E) penny

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Definitions:

Programmed Decision

A decision made in response to a recurring problem that involves a procedure or rule for its resolution.

Crisis Decision

Occurs when an unexpected problem can lead to disaster if not resolved quickly and appropriately.

Certainty

The state of being completely confident or assured about something, without any doubt.

Jeopardy

A situation involving exposure to danger, risk, or harm.