This Morning, Josh Sold 800 Shares of Stock That He

question 23

Multiple Choice

This morning, Josh sold 800 shares of stock that he did not own. This sale is referred to as a:

• A)margin sale.
• B)long position.
• C)wrap trade.
• D)hypothecated sale.
• E)short sale.

---

Definitions:

Homophobia

An intense, irrational hostility toward or fear of homosexuals.

Homosexuals

Refers to individuals who are romantically or sexually attracted to people of the same gender.

Hostile

Showing or feeling opposition or dislike; unfriendly or antagonistic.

Erectile Dysfunction

A medical condition characterized by the inability to achieve or maintain an erection sufficient for satisfactory sexual performance.