The Settle Price Is the Same as The

question 7

Multiple Choice

The settle price is the same as the:

• A)opening price.
• B)closing price.
• C)intraday high price.
• D)None of the above

---

Definitions:

Specific Instructions

Detailed directions or orders issued for performing a particular task or operation.

Unenforceable

Refers to a contract or clause that, due to legal reasons, cannot be executed or enforced by law.

FOB

Free on Board; a contractual term indicating that the seller assumes responsibility for the goods until they are loaded onto a transport vessel.

Risk of Loss

The responsibility for damage or destruction to goods, typically determining who bears the cost when property is damaged during a transaction or transportation.