Introduction to Business

Section 2: Other Investment Options

Self-Checks

1
In order to spread your risk among different types of investments, you _______ should your investment plan.
A)diversify
B)reinstitute
C)focus
D)solidify
2
A means of protection or defense against loss is called a _______ .
A)barrier
B)hedge
C)diversion
D)portfolio
3
Silver and gold are examples of _______ .
A)precious gems
B)precious ores
C)precious metals
D)precious stones
4
One reason people might ignore precious gems as an investment option is their _______ .
A)beauty
B)lack of liquidity
C)durability
D)small size
5
The best way to estimate the value of a diamond is to have the stone evaluated by a(n) _______ .
A)diamond broker
B)independent laboratory
C)diamond merchant
D)licensed jeweler
6
Investors can buy contracts for quantities of things like corn and soybeans for delivery at a future date through a _______ exchange.
A)agricultural
B)crop
C)commodities
D)securities
7
Items that appeal to collectors and investors are called ______ .
A)antiques
B)collectibles
C)artifacts
D)commodities
8
The Internet has made buying and selling collectibles _______ .
A)more convenient
B)more time-consuming
C)more profitable
D)safer
9
The crime of obtaining money or some other benefit by deliberate deception is called _______ .
A)fraud
B)scamming
C)money laundering
D)scheming
10
Precious metals are usually measured by the _______ .
A)gram
B)pound
C)ounce
D)ton
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