A- An investor who believes a stock price will fall should take a long position in the stock.

True

False

BThe maximum loss you can incur on a short sale is _____. The maximum loss you can incur if you have a long position on a stock in a cash account is _____.

		Unlimited; initial investment
		Zero; unlimited
		Limited to your initial margin ; zero
		Limited to the margin loan plus interest ; initial margin
		Unidentified ; interest on the margin

C- If you lose when a security increases in value, you have a _____ position in the security

		Long
		Margined
		Short
		Covered
		Wrapped