Investment in the agricultural economy of the antebellum period of U.S. history usually entailed everything below except

Parties who have bought a futures contract and thereby agreed to ________ (take delivery of) the bonds are said to have taken a ________ position

A) sell; short B) buy; short C) sell; long D) buy; long

Directors can make opportunistic choices to advance their personal interest when:

a. they plan to sell off the corporation stocks at inflated prices. b. they hold majority of the stocks in the corporation. c. they are aware that the cost of forming a new board of directors is high. d. their personal returns from the well being of the corporation is high.