Test your knowledge

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1.
The formal offer to sell securities is called a(n) _______.
Choose wisely. There is only one correct answer.
Prospectus. The prospectus is the formal offer to sell securities, and it must be filed with the SEC.
2.
Which kind of firm is likely to have a Website?
Choose wisely. There is only one correct answer.
All of the above. All of the above firms are likely to have their own Websites.
3.
What kinds of investment information can you get at a library or bookstore?
Choose wisely. There is only one correct answer.
All of the above. These are all examples of investment information you can read in books.
4.
Of the following, the most up-to-date information about investments is likely to come from _______.
Choose wisely. There is only one correct answer.
Cable television. Cable television channels like Bloomberg TV and CNBC carry current stock prices and up-to-the-minute reporting on business news.
5.
Which is not an example of an investors association?
Choose wisely. There is only one correct answer.
SEC. SEC stands for Securities and Exchange Commission, and is not an investors association.