A Long Position Is Described as One

question 72

Multiple Choice

A long position is described as one

• A)where you buy,and then own securities.
• B)where you have accumulated considerable investment gains.
• C)where you have held the same securities for many years.
• D)where you borrowed money to buy the securities.

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Definitions:

ZOPA

The zone of possible agreement, the area where two sides in a negotiation may find common ground.

BATNA

Stands for Best Alternative To a Negotiated Agreement, which refers to the most advantageous alternative course of action a party can take if negotiations fail and an agreement cannot be reached.

Legally Binding

Agreements or contracts that are enforceable by law, obliging parties to fulfill their agreed-upon terms under legal jurisdiction.

ZOPA

Stands for Zone of Possible Agreement, which is the range in a negotiation within which an agreement is satisfactory to both parties involved.