When Colours Stay the Same in Sunlight or Shadows, We

question 222

Multiple Choice

When colours stay the same in sunlight or shadows, we call this

• A) colour constancy.
• B) an illusion.
• C) consistent colour coding.
• D) the night-and-day effect.

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Definitions:

Futures Price Quote

A statement of the current market price for a futures contract, which is an agreement to buy or sell an asset at a future date at an agreed-upon price.

Expire

To come to an end or cease to be valid, as in the expiration of a contract, policy, or agreement.

Spot-Futures Parity

A financial theory stating that the spot and future prices of a commodity, currency, or security will converge at the futures contract's expiration.

Violation

An instance of failing to comply with a set rule, regulation, or standard.