The Bicarbonate System Is Composed of H₂CO₃ and HCO^-₃

question 107

Multiple Choice

The bicarbonate system is composed of H₂CO₃ and HCO^-₃. Which statement accurately describes these molecules?

• A) H₂CO₃ and HCO^-₃ are both weak acids.
• B) H₂CO₃ is a weak acid, and HCO^-₃ is a weak base.
• C) H₂CO₃ is a weak base, and HCO^-₃ is a weak acid.
• D) H₂CO₃ and HCO^-₃ are both strong bases.
• E) H₂CO₃ is a strong base, and HCO^-₃ is a weak acid.

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a specified amount of an underlying asset at a set price within a specified time.

Put Option

A financial agreement granting the holder the option, but no requirement, to sell a certain quantity of an underlying asset at a predetermined price during a defined period.

Forward Contract

An individualized agreement for the purchase or sale of an asset at an agreed-upon price on a specific future date between two parties.

Swap Contract

Swap Contract is a financial agreement to exchange cash flows or other financial instruments between two parties at specified future dates.