Between 1981 and the Early 2000s

question 83

Multiple Choice

Between 1981 and the early 2000s,

• A)trading in financial futures declined in importance relative to trading in agricultural and mineral commodities futures.
• B)trading in financial futures increased in importance relative to trading in agricultural and mineral commodities futures.
• C)trading in agricultural and commodities futures was discontinued.
• D)trading in financial futures was discontinued.

---

Definitions:

Collateral

An asset that a borrower offers a lender to secure a loan. If the borrower fails to repay the loan, the lender may seize the collateral.

Oral Agreement

A verbal contract in which the terms have been agreed upon through spoken communication, as opposed to written, but is still legally binding in some cases.

Perfection

In legal finance, the process of securing an interest in collateral, ensuring a lender's rights are prioritized over others in the event of borrower default.

Attachment

The legal process of seizing a defendant's property to ensure satisfaction of a judgment.