A Technician Is Trying, Without Success, to Connect a 30-Pound

question 100

Multiple Choice

A technician is trying, without success, to connect a 30-pound container of R-12 to his R-134a manifold gauge set. Technician A says the R-12 fitting is female and the gauge set fitting is also female. Technician B says the R-134a manifold gauge set uses a half-inch Acme thread, whereas the R-12 tank fitting has a standard thread. Who is correct?

• A) A only
• B) B only
• C) both A and B
• D) neither A nor B

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Definitions:

Derivative Securities

Financial instruments whose value is derived from the value of one or more underlying assets or benchmarks.

Contingent Claims

Financial derivatives that pay out based on the occurrence of specific events or conditions, such as options or certain types of insurance contracts.

Exercise

In financial terms, it refers to the act of invoking the right to buy or sell the underlying asset in a derivative contract.

Payoffs

The potential financial returns or losses from an investment, transaction, or strategy, often evaluated at the time of an investment's maturity or closure.