Question

This morning, Josh sold 800 shares of stock that he did not own. This sale is referred to as a _____________. margin sale long position wrap trade hypothecated sale short sale

Answer 1

This morning, Josh sold 800 shares of stock that he did not own. This sale is referred to as a "E.short sale." The shares are sold and the proceeds are credited to your account.

Here are the following choices:
A. margin sale.
B. long position.
C. wrap trade.
D. hypothecated sale.
E. short sale