Technician a Says the Only Positive Way to Identify the Model

question 73

Multiple Choice

Technician A says the only positive way to identify the model of a transmission is by the shape of the oil pan. Technician B says the only positive way to identify the transmission model is by the ID number stamp or sticker on the transmission case. Who is correct?

• A)A only
• B)B only
• C)both A and B
• D)neither A nor B

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Definitions:

Strike Price

The predetermined price at which the holder of an option can buy (in a call option) or sell (in a put option) the underlying asset.

Call Option

An economic agreement granting the purchaser the option to acquire an asset at a predetermined price during a designated timeframe, without being compelled to do so.

Market Price

The existing cost at which an asset or service is being offered for buying or selling in the market.

American Put Option

An option contract giving the holder the right to sell an asset at a specified price at any time before the expiration date.