The Purchase of Stock with Cash in the Hope of Earning

question 76

Multiple Choice

The purchase of stock with cash in the hope of earning a capital gain is known as taking a

• A) long position in the stock.
• B) short position in the stock.
• C) long, margined position in the stock.
• D) short, margined position in the stock.

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Definitions:

Mixed Messages

Communications or signals that contain conflicting or contradictory information, often leading to confusion or misunderstanding.

Active Listening

The process of taking action to help someone say exactly what he or she really means or wants to communicate.

Paraphrasing

The act of rewording or restating text or speech using different words, often to achieve clearer understanding.

Responding to Feelings

The capacity to recognize, understand, and appropriately react to the emotions of others.