Assume That Stock Prices on Multiple Broad Market Indexes Have

question 34

Multiple Choice

Assume that stock prices on multiple broad market indexes have decreased 15% over the last two months.How much more must the market indexes drop before the market is determined to be a bear market?

• A)0%
• B)5%
• C)10%
• D)15%

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Definitions:

Compensatory Damages

Damages that will compensate a part for direct losses due to an injury suffered.

Injured Party

An individual or entity that has suffered harm or damage due to another’s actions or negligence.

Tort Case

A legal case involving civil wrongs not arising out of contractual obligations.

Intent

In legal terms, it refers to the determination to perform a particular act or to act in a particular manner for a specific reason.