Ben and Jerrys
What did the company Ben & Jerry’s sell?
What is Ice cream?
If you buy a stock at $50 and sell it for $70, what's your capital gain
What is $20?
Occurs when the party to which an offer is made made agrees to the terms of the Contract
What is Acceptance?
The term for legally taking property after being entrusted with it for a job, like a treasurer pocketing funds.
What is Embezzlement?
This is the government’s job when it creates rules that keep businesses from scamming people.
What is regulating businesses?
Who are the main owners of Ben and Jerrys?
What is Ben Cohen and Jerry Greenfield?
A market where prices are falling, symbolized by a bearish animal.
What is a Bear Market?
A Legal term for the bargain occurring when one party gives something up and another party receives something in return.
What is Consideration?
A crime involving using secret company info to buy/sell stocks, like a CEO selling shares before bad news drops.
What is Insider trading?
This is what the government does when it spends money to build things like roads, schools, and bridges.
What is investing in public goods?
What was the most famous ice cream flavor at Ben & Jerry’s?
What is Chocolate Chip Cookie Dough?
A market where prices are generally rising, symbolized by a charging bull.
What is a Bull Market?
Occurs when the original offer of a contract is not accepted and a new offer is returned in the original offer’s place
What is Counteroffer?
Offering something valuable (money, favors) to influence a decision-maker in business or government.
What is Birbery?
This is the role the government takes when it collects taxes and then uses them for services.
What is raising revenue?
What shop did they think of opening before an ice cream shop?
What is a bagel shop?
This electronic exchange is known for trading tech stocks like Apple and Microsoft
What is the Dow Jones Industrial Average?.
What is the definition of Legality?
What is the contract must be for a product or service that may be legally sold?
Faking a company's financial health to lure investors, like Bernie Madoff did.
What is a Ponzi Scheme?
This happens when the government steps in to help people who lose jobs or need healthcare.
What is providing social programs?
When is Free Cone Day at Ben and Jerry’s ice cream shop.
What is April 8th?
A request to sell a stock at a lower price to limit losses.
What is Stop-Loss order?
What is the Definition of Competent Parties?
What if those entering into the contract must be of legal age and must be mentally competent?
The practice of charging the same high price for a product, often after secret meetings.
What is Price-fixing?
This is the government’s responsibility when it tries to keep prices steady and prevent inflation from getting out of control.
What is stabilizing the economy?