Policies May Be ________ or _________

question 59

Multiple Choice

Policies may be ________ or _________.

• A) Written and informal; unwritten and formal
• B) Written and formal; unwritten and formal
• C) Written and formal; unwritten and informal
• D) Written and informal; unwritten and informal

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Definitions:

Trader's Margin

The amount of equity contributed by a trader as a percentage of the current market value of the securities held in a trading account.

Established Value

The perceived worth or market value of an asset or company that has been recognized by investors or markets.

CFTC

The Commodity Futures Trading Commission, a United States federal agency that regulates the futures and options markets.

Futures Markets

Exchange-traded markets where participants buy and sell contract agreements on commodities or financial instruments for future delivery.