Which of the Following Is Not a Form of Exposure

question 25

Multiple Choice

Which of the following is not a form of exposure to exchange rate fluctuations?

• A) transaction exposure
• B) credit exposure
• C) economic exposure
• D) translation exposure

---

Definitions:

Rescind The Contract

The legal action of canceling or nullifying a contract, effectively terminating the agreement and releasing the parties from their obligations.

Failure To Perform

The inability or refusal to fulfill a contractual obligation or duty.

Construction Contract

A legally binding agreement between a contractor and client specifying the details of a construction project, including scope of work, timelines, and payment.

Equitable Remedy

A judicial order enforcing a party to act or refrain from acting in a certain way, distinct from awarding damages.