Maya Is a Stockbroker

question 15

Multiple Choice

Maya is a stockbroker.Nora believes that the price of OK Goods,Inc.(OKGI) ,a widely traded stock,is going to increase substantially.Through Maya,Nora buys 500 shares of OKGI at $10 per share,but the price soon drops to $2.Nora can successfully recover from Maya

• A)nothing.
• B)the amount of the purchase price.
• C)the amount of the purchase price plus the expected increase.
• D)the amount of the purchase price plus the unexpected decrease.

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Definitions:

Leading

Often refers to economic indicators that predict or signal future movements in the economy or stock market before they occur.

United States

A country located in North America, consisting of 50 states and is known for its significant influence on global politics, economy, and culture.

Great Britain

Great Britain is a geographical term that refers to the island located northeast of Ireland and northwest of France, comprising the main territory of the United Kingdom.

Goods And Services

Tangible products that satisfy human wants or needs, and intangible activities or benefits that are offered for consumption.