Which of the Following Are Characteristics of Short Selling

Multiple Choice

Which of the following are characteristics of short selling?
I. borrowing shares of stock from a brokerage firm or other investors
II. selling shares of stock you do not own
III. betting the stock price will increase
IV. limiting losses per share to the price at which the stock was sold

A) I and II only
B) III and IV only
C) I, II and IV only
D) I, II, III only