The odd-lot theory supports buying into the market when the number of odd-lot trades rises

Indicate whether the statement is true or false.


Answer: FALSE

Business

You might also like to view...

Shannon sells floral products to craft stores and discount stores. When his company introduces a new floral preservative, Shannon walks into a prospect's office and announces, "Would you like to sell your customers a preservative that is good enough to preserve items rescued from the Titanic wreck?" What kind of approach is Shannon using?

What will be an ideal response?

Business

Which of the following appears on a multistep income statement but not on a single-step income statement?

a. Cost of Goods Sold b. Selling Expenses c. General and Administrative Expenses d. Gross Margin

Business

Which statement about semicolons is inaccurate?

A) Semicolons tell readers that two closely related ideas should be thought of together. B) The most basic use of the semicolon occurs in compound sentences. C) A semicolon is a weaker punctuation mark than a comma.

Business

Mona, an accountant, prepares for NuTech Corporation a financial statement that omits a material fact. The financial statement is included in NuTech's registration statement, which Pam reads. Pam buys NuTech stock. Under Section 11 of the Securities Act of 1933, for Mona to be liable for the omission, Pam must show that

A. Pam relied on the omission. B. Pam suffered a loss on the stock. C. Pam knew about the omission before making her purchase. D. the omission had no causal connection to her loss.

Business