Test Your Knowledge On Movie The China Hustle
Do you love watching documentaries? Have you watched The China Hustle, a finance documentary? Try this "The China Hustle" quiz to test your knowledge about how much you remember from this documentary, which is based on a financial fraud that happened in the U.S. Many Chinese companies were involved in the fraud, and that's how the documentary got its name. So what are you waiting for? Try the quiz now!
- 1.
What kind of fraud does the documentary reveal?
- A.
Gold fraud
- B.
Drugs fraud
- C.
Securities fraud
- D.
Cryptocurrency fraud
Correct Answer
C. Securities fraudExplanation
The documentary reveals securities fraud. This type of fraud involves the illegal manipulation of financial markets, such as insider trading or misleading investors with false information. It typically involves the buying or selling of securities, such as stocks or bonds, with the intention of deceiving others for personal gain. The documentary likely uncovers specific cases or examples of securities fraud, shedding light on the methods used and the impact it has on the financial industry.Rate this question:
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- 2.
Who is/are the protagonist(s) in the documentary?
- A.
Dan David
- B.
Jon Carnes
- C.
Both A & B
- D.
None of the above
Correct Answer
C. Both A & BExplanation
The correct answer is "Both A & B" because the question asks for the protagonist(s) in the documentary, and both Dan David and Jon Carnes are mentioned as options. Therefore, it can be inferred that both Dan David and Jon Carnes are the protagonists in the documentary.Rate this question:
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- 3.
How did most of the Chinese companies involved in fraud get listed on the NYSE?
- A.
By political lobbying
- B.
By acquiring big American companies
- C.
By investing in big American companies
- D.
By doing reverse mergers with defunct American companies
Correct Answer
D. By doing reverse mergers with defunct American companiesExplanation
Chinese companies involved in fraud were able to get listed on the NYSE by doing reverse mergers with defunct American companies. This means that the Chinese companies would merge with American companies that were no longer in operation, allowing them to bypass the traditional listing process. This method provided a quicker and easier way for these Chinese companies to gain access to the US stock market without undergoing the same scrutiny and regulatory requirements as a regular initial public offering (IPO).Rate this question:
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- 4.
Which of these B-level investment firms is featured in the documentary?
- A.
Roth Capital
- B.
JP Morgan Chase
- C.
Goldman Sachs
- D.
Morgan Stanley
Correct Answer
A. Roth CapitalExplanation
Roth Capital is the correct answer because it is the only B-level investment firm listed among the options. The other options, JP Morgan Chase, Goldman Sachs, and Morgan Stanley, are all well-known investment firms but are not classified as B-level.Rate this question:
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- 5.
After which significant global event did the story depicted in the documentary unfold?
- A.
Great Depression of 1932
- B.
COVID-19 Pandemic
- C.
Financial Crisis of 2007-08
- D.
World War II
Correct Answer
C. Financial Crisis of 2007-08Explanation
The story depicted in the documentary unfolded after the Financial Crisis of 2007-08. This global event had a significant impact on the economy and financial systems around the world. The crisis was characterized by the collapse of major financial institutions, a sharp decline in housing prices, and a severe recession. It led to widespread job losses, increased poverty, and a loss of confidence in the financial system. The documentary likely explores the causes, consequences, and aftermath of this crisis.Rate this question:
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- 6.
What did Dan David decide to do after reading reports by the due diligence firm Muddy Waters Research?
- A.
To report the fraud to NYSE
- B.
To short many hyped up penny stocks based in China
- C.
To invest in Chinese Stock markets
- D.
To buy bankrupt Chinese companies
Correct Answer
B. To short many hyped up penny stocks based in ChinaExplanation
After reading reports by the due diligence firm Muddy Waters Research, Dan David decided to short many hyped up penny stocks based in China. This means that he believed these stocks were overvalued and would decrease in value, so he took positions that would profit if their prices went down. This decision was likely based on the information and analysis provided by Muddy Waters Research, which identified fraudulent practices or other issues with these stocks.Rate this question:
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- 7.
What was the name of the lawyer who represented the Chinese firms?
- A.
Mitchell Nussbaum
- B.
Punit Renjen
- C.
James Chanos
- D.
Dune Lawrence
Correct Answer
A. Mitchell NussbaumExplanation
Mitchell Nussbaum is the correct answer because he is the lawyer who represented the Chinese firms.Rate this question:
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- 8.
Which kind of firms featured in the documentary looks for ways to improve clients' investment performance while earning money for themselves?
- A.
Auditing firms
- B.
Accounting firms
- C.
Brokerage firms
- D.
Investment firms
Correct Answer
D. Investment firmsExplanation
Investment firms featured in the documentary are looking for ways to improve clients' investment performance while earning money for themselves. These firms specialize in managing and investing clients' funds with the goal of generating returns. They employ various strategies and techniques to maximize investment performance and generate profits for their clients, while also earning fees and commissions for themselves.Rate this question:
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- 9.
In which of these film festivals did The China Hustle premiere in 2017?
- A.
Cannes Film Festival
- B.
Berlin International Film Festival
- C.
Toronto Film Festival
- D.
Sundance Film Festival
Correct Answer
C. Toronto Film FestivalExplanation
The China Hustle premiered at the Toronto Film Festival in 2017.Rate this question:
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- 10.
After investigation, most of the companies involved in the frauds were de-listed from the NYSE.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
The given statement suggests that after conducting an investigation, it was found that a majority of the companies involved in fraud were removed from the New York Stock Exchange (NYSE). This implies that these companies were no longer listed or traded on the NYSE due to their fraudulent activities. Therefore, the statement is true.Rate this question:
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Nov 16, 2023Quiz Edited by
ProProfs Editorial Team -
May 16, 2023Quiz Created by
Austin Ames
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