Which One of the Following Statements on the Dow Theory

question 1

Multiple Choice

Which one of the following statements on the Dow Theory is correct?

• A) The Elliot wave theory is the only recent variation of the Dow Theory.
• B) The theory of Kondratieff waves is the only recent variation of the Dow Theory.
• C) Both the Elliot wave theory and the theory of Kondratieff waves are recent variations of the Dow Theory.
• D) Neither the Elliot wave theory nor the theory of Kondratieff waves are recent variations of the Dow Theory.

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Definitions:

Due Process Clause

A clause in the Fifth Amendment of the U.S. Constitution which provides that the government cannot deprive an individual of life, liberty, or property without a fair and just hearing.

Entrapment Defense

A legal defense claiming the defendant was induced by law enforcement to commit a crime they otherwise would not have committed.

Entrapment

A relatively common defense under which the defendant claims that he would not have committed the crime or broken the law if he had not been induced or tricked into doing so by law enforcement officials.

Insider Trading

The illegal trading of a public company's stock by someone with access to nonpublic, material information about the company.