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Business English Exercises
 

MagicTicker

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Home > Teaching Business English > Business English Lessons, Advanced Level # 380
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MagicTicker is a stock quote ticker that looks much like the tickers you see on CNBC; it is fully configurable so you can watch just the stocks you want, and you can also input the number of shares you own for all your stocks and watch your portfolio move in real time.

Correct answer: (b) quote

Meaning of "quote"
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For instance, say that, as the trading day opens, this Internet stock is at $400: As long as the lowest price does not fall $2.00 from its highest price, your order remains active, and if GOOG is able to reach $404 without falling $2.00, the new stop price automatically advances to $402 ($404 — $2.00).

Correct answer: (d) stop

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Clearly, the terms of the trust made King Jr.'s interest contingent upon whether the trustee chose to make payments to him from the trust income; in other words, unlike a nondiscretionary trust, on the terms of the trust alone, King Jr. had no entitlement to any property of the trust.

Correct answer: (c) a nondiscretionary

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It is not so long ago that companies would put their pension funds in government bonds or life insurance company annuities; as inflation rose in the 1960s and 1970s, companies found that rising salaries and low fixed-income returns made their retirement plans very expensive.

Correct answer: (d) pension

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If the exercise price of a warrant or option is higher than the average price of the common shares during the accounting period, the exercise of the warrant or option will be antidilutive.

Correct answer: (b) antidilutive

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CKD Galbraith is one of the leading estate agencies in Scotland specialising in top quality Scottish residential property from castles to cottages and sporting estates to farm land.

Correct answer: (c) residential

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Burger King Announces Secondary Offering: Burger King Holdings Inc. announced today that the private equity funds controlled by TPG Capital, Bain Capital Partners and the Goldman Sachs Funds intend to initially offer 23 million shares of Burger King common stock in an underwritten offering.

Correct answer: (a) Secondary

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The book shares are recorded in the records that are maintained by the agent, so that there is always a permanent record of the value of the shares, and who holds the rights to the shares; however, the actual stock certificates are never printed or forwarded to the investor.

Correct answer: (b) book

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The BU Foundation is a federally-recognized 501(c)(3) non-profit organization, so gifts to the Foundation are therefore tax deductible to the fullest extent of the law.

Correct answer: (a) deductible

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You cannot use 1040EZ if you claim the child and dependent care credit; it is a percentage, based on your adjusted gross income, of the amount of work-related child and dependent care expenses you paid to a care provider.

Correct answer: (b) credit

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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