Case 12-1 Matthew Is the Newest Inmate to a Maximum-Security Institution. He

question 10

Multiple Choice

Case 12-1
Matthew is the newest inmate to a maximum-security institution. He was sentenced to serve 20 years for the crime of armed robbery and attempted manslaughter. Matthew is anxious about going to prison. This is the first time he will serve time in prison. In the past he has only served short jail terms.
-In his communication with other inmates they ask him about his crime. They are particularly concerned if he is a child molester. Matthew then learns that the word for "child molester" in the inmate language is a(n) :

• A) base head.
• B) bug.
• C) diddler.
• D) lugger.

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Definitions:

Futures Contracts

Standardized legal agreements to buy or sell something at a predetermined future date and price, typically used for commodities or financial instruments.

Forward Contracts

Non-standardized contracts between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Default Free

An investment that is considered to have no risk of failure to pay back principal or interest.

CGB Futures

Futures contracts based on Canadian Government Bonds, which allow investors to speculate on or hedge against future changes in the value of these bonds.