Examlex
Which of the following is NOT a reason an advertising agency might hire an outside supplier?
Forward Contract
A personalized agreement between two individuals to purchase or sell a property at a designated future time at a price determined currently.
Futures Contract
A standardized legal agreement to buy or sell a specific commodity or asset at a predetermined price at a specified time in the future.
Interest Rate Collar
A financial derivative strategy used to limit the range of possible interest rates movements by buying and selling interest rate options.
Variable Rate Loan
A loan where the interest rate can fluctuate over time based on changes in an underlying benchmark interest rate or index.
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