Among the Delegates to the Constitutional Convention, Only Alexander Hamilton

question 48

Multiple Choice

Among the delegates to the Constitutional Convention, only Alexander Hamilton proposed

• A)a separation of powers.
• B)a republican form of government.
• C)an electoral college.
• D)sticking with the Articles of Confederation.
• E)establishing an American monarchy.

Recognize the purpose and function of options contracts and how they differ from futures contracts.

Identify and differentiate between various types of derivative securities and their uses.

Understand the concept of economic exposure and how it affects firms.

Understand the practice and purposes of hedging in managing financial risk.

---

Definitions:

Payor Bank

The bank upon which a check is drawn and that is responsible for paying the amount specified on the check to the payee.

Collected

Refers to the process of gathering or accumulating items, information, or funds.

Electronic Funds Transfers

The transfer of money between accounts by electronic means rather than the use of cash or paper documents.

Float Time

The period between when a check is deposited into a bank account and the time the funds are available for use.