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Which does not own in anticipation of a decline

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Reference no: EM132766998

Problem 1: A transaction in which the speculator sells securities which he does not own (he merely borrows the stock certificate through or from his stock broker) in anticipation of a decline in its price, and within a reasonably short period of time buys or covers the stock to complete the transaction

A. Wash sale
B. Short Sale
C. Auction Sale
D. Rescissible Sale

Reference no: EM132766998

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