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Chapter I

1. What is Livingston's job at a bucket shop?
(a) Trader.
(b) Quotation boy.
(c) Stock broker.
(d) Runner.

2. How are the quotes for stocks disseminated?
(a) Show up on a computer screen.
(b) Called out.
(c) Called in by phone.
(d) Sent to brokers by runners.

3. What do customers at a bucket shop do?
(a) Buy stock.
(b) Buy feed buckets.
(c) Bet on a stock going up or down.
(d) Play the lottery.

4. Under what authority are bucket shops allowed?
(a) They are not legal.
(b) The NYSE authorizes them.
(c) The local constable signs the permit.
(d) Thet are established by New York State government.

5. What fascinates the young Livingston?
(a) The patterns on the ticker tape.
(b) The way the stocks move up and down.
(c) Why people come to bucket shops.
(d) How people bet.

6. For what does young Livingston have an excellent memory?
(a) Numbers.
(b) Languages.
(c) Recipes.
(d) People's names.

7. Why is Livingston so good at betting?
(a) He can remember the patterns.
(b) He uses only the simple stocks.
(c) He has a good poker face.
(d) He is clairvoyant.

(read all 180 Multiple Choice Questions and Answers)

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