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Business English Exercises
 

Business buzzwords: Unethical investment

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 221
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 All tests  Quiz  FAQ  ESL Forum  Dictionaries Sinful stocks or what?
unethical investment answer 1
Unlike socially responsible investors who hold strong convictions against sinful stocks, socially irresponsible investors, in their focus on making significant returns, are indifferent to the unethical actions of corporations.

Correct answer: (c) sinful

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unethical investment answer 2
On February 25, 1862, Congress passed the first Legal Tender Act, which authorized the printing of $150 million in Treasury notes; these bills were printed on only one side and soon became known as 'greenbacks', and they proved to be universally popular and remarkably sound.

Correct answer: (a) greenbacks

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unethical investment answer 3
The best way to profit from the trend is to swap back and forth from silver to gold with the rise and fall in the gold/silver ratio; that strategy will convert a sterile investment into one that pays dividends, and possibly double the ounces you own over the life of the bull market.

Correct answer: (c) sterile

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unethical investment answer 4
Smurfit Kappa, Europe's largest cardboard box manufacturer, defied stock market jitters to open at a 6 percent premium to its initial public offering price; the shares yesterday traded at 17.50 in the grey market ahead of its official listing next Tuesday.

Correct answer: (a) grey

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unethical investment answer 5
Bache & Co. offers only a 25% reduction to in-and-out traders who are willing to make at least two transactions-one buy and one sell-in any 35-day period, and the cut applies only to the second trade, while most brokerage houses still charge about the same fees as before on small trades on a take-it-or-leave-it basis.

Correct answer: (b) in-and-out

Meaning of business term in-and-out
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unethical investment answer 6
Like so many others who tried to stem the tide of the oncoming Depression, Overton made some injudicious and even some unsavory investments; he lost a chunk of his business empire as he fought off bankruptcy, but managed to weather the storm and lived out his final years in financial comfort.

Correct answer: (c) stem

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unethical investment answer 7
In an open end lease, you run the risk of owing extra money depending on the value of the property when you return it; this payment is often called a 'balloon payment'.

Correct answer: (c) end

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unethical investment answer 8
Using netback pricing, the producer-processor starts with the sales price of the processed gas or products, and then subtracts certain costs (such as capital, operating, processing, taxes and transportation) to determine value of the gas when production is complete.

Correct answer: (b) netback

Meaning of business term netback
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unethical investment answer 9
Banks surged 3.21 percent, Leasing soared 8.0 percent, Industrials were 0.84 percent up, Construction ended 2.83 percent higher, Miscellaneous rose 1.05 percent, Holding jumped 3.66 percent, but Insurance and Investment bucked the trend to end 0.56 and 0.85 percent down respectively.

Correct answer: (b) bucked

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unethical investment answer 10
The rumor of the weekend, of course, was that Cisco was hanging out in Finland kicking the tires on a huge potential merger with Nokia, but it seems unlikely that Nokia would ever agree to such a deal unless the asking price is too good to be true.

Correct answer: (d) tires

Meaning of business term tires
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