All of the Following Statements Are True Regarding Services Provided

question 37

Multiple Choice

All of the following statements are true regarding services provided by Uber except:

• A)in Brussels,a court fines drivers who use the service.
• B)in London and other major cities,drivers have staged demonstrations claiming unfair competition.
• C)regulators in Germany succeeded in obtaining a temporary injunction banning the service.
• D)Uber was banned in the Delhi region after a driver was accused of sexually assaulting a female passenger.
• E)Uber is considered as an "information-society service" in 250 cities where it operates.

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Definitions:

Call Option

A financial contract giving the holder the right, but not the obligation, to buy a specified quantity of an asset at a predetermined price within a specified time frame.

Cash Flow Hedge

A financial strategy used to manage risks associated with fluctuations in cash flows by using a hedge instrument to offset potential losses or gains.

Spot Exchange Rates

The present rate at which one currency is traded for another with immediate effect.

Net Income

The overall earnings of a firm once expenses and taxes are subtracted from its total revenue.