Options Allow Investors to Speculate on Price Movements Without a Large

question 128

True/False

Options allow investors to speculate on price movements without a large initial investment.

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Definitions:

Nullify

To legally invalidate or void a law, contract, or other legally-binding agreement.

State Governments

The governing authorities of the 50 states within the United States, each with its own constitution and powers separate from the federal government.

National Government

Refers to the political authority that governs an entire nation, encompassing all three branches (executive, legislative, and judicial) and responsible for national policy, lawmaking, and administration.

Ultimate Authority

The highest level of power or the most authoritative figure or institution in a specific context or system.