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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. How does Livingston drive up the price of Consolidated Stove?
(a) Sells stock.
(b) Tells the paper its acquiring another company.
(c) Issues more stock.
(d) Buys up stock.

2. How was the company Consolidated Stove formed?
(a) It was just a regular company named Consolidated Stove.
(b) By a hostile take over.
(c) Two companies came together.
(d) Combining three other companies.

3. Who does Livingston say uses tips to no good ends for their customers?
(a) Financial advisors.
(b) Retirement funds.
(c) Stock manipulators and promoters.
(d) Banks.

4. What does Livingston think one should never feel about the market?
(a) Depression.
(b) Elation.
(c) Anger.
(d) Confidence.

5. Why is Livingston frustrated when he leaves Williamson's?
(a) He had to pay Williamson too much interest.
(b) He has no money yet again.
(c) The market is going bull.
(d) The market is no longer good for making money.

Short Answer Questions

1. Who does Livingston think benefits most from tips?

2. Who was a famous stock manipulator Livingston mentions?

3. What is one of the main problems of people paying you to do something on the market?

4. What does Livingston say cornering a market can do to a price?

5. What is the stock Livingston buys to restart his career?

Short Essay Questions

1. Why does Imperial Steel hire Livingston and why do they need him?

2. What does Livingston do when he returns to New York?

3. What does Livingston do to keep from being broke again?

4. What does Livingston begin to do for a living?

5. What does Livingston say about broker letters?

6. How does Livingston feel about tips and to what does he attribute his success?

7. What does Livingston say about forces that can cause plans to go wrong?

8. What does Livingston do about all his debt?

9. What happens to Livingston after he follows Percy's advice?

10. What does Livingston say when people say a stock drops because someone sells it?

(see the answer keys)

This section contains 743 words (approx. 3 pages at 300 words per page) View a FREE sample