What Is the Dollar Value of a Mini-Dow Futures Contract

question 46

Multiple Choice

What is the dollar value of a Mini-Dow futures contract with a listed price of 31,630?

• A) $64,145
• B) $145,750
• C) $158,150
• D) $61,450

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Definitions:

Business Judgment Rule

A rule under which courts will not hold corporate officers and directors liable for honest mistakes of judgment and bad business decisions that were made in good faith.

Negligence Or Mismanagement

The failure to exercise the care or oversight required, resulting in harm or loss.

Duty Of Care

A legal obligation imposed on individuals or organizations to adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.

Breaching

The behavior of violating or not adhering to a law, contract, or set of rules.