An Agreement Between a Buyer and a Seller at Time

question 60

Multiple Choice

An agreement between a buyer and a seller at time 0 where the seller of an asset agrees to deliver an asset immediately and the buyer agrees to pay for the asset immediately is the characteristic of a

• A)spot contract.
• B)forward contract.
• C)futures contract.
• D)put options contract.
• E)call options contract.

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Definitions:

Privatization

The transfer of ownership and control of public sector assets or services to private investors, often aimed at increasing efficiency and reducing government spending.

Federal Services

Services provided by the federal government to its citizens, including national defense, postal service, and social security.

Sunshine Laws

Laws that require certain proceedings of government agencies to be open or available to the public, aimed at promoting transparency and accountability.

Freedom Of Information Act

A law that allows for the full or partial disclosure of previously unreleased information and documents controlled by the United States government.