Which of the Following Statement(s) About Currency Forward Market Is

question 17

Multiple Choice

Which of the following statement(s) about currency forward market is (are) true?
I. In the forward market you buy or sell currency for future delivery at a rate set today.
II. A forward market transaction is a made-to-measure transaction.
III. Most forward transactions are for six months or less.

• A) I only
• B) I and II only
• C) II and III only
• D) I, II and III

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Definitions:

Assault And Battery

Legal terms where assault refers to the threat of physical harm, and battery refers to the actual physical impact on another person without their consent.

Intentional Torts

Deliberate acts committed by individuals or entities that cause harm or damage to others, leading to civil liability.

Scope Of Employment

Scope of Employment encompasses the range of activities and duties an employee is authorized to perform as part of their job and for which an employer is responsible.

Respondeat Superior

A legal doctrine holding an employer or principal legally responsible for the wrongful acts of an employee or agent, if such acts occur within the scope of employment or agency.